http://www.pharmalot.com/2008/11/bristol-myers-and-the-2-percent-solution/ News, Comment and Conversation Fri, 10 Feb 2012 19:40:20 +0000 http://wordpress.org/?v=2.6.2 http://www.pharmalot.com/2008/11/bristol-myers-and-the-2-percent-solution/#comment-381536 Nathan Sat, 15 Nov 2008 03:25:05 +0000 http://www.pharmalot.com/?p=17653#comment-381536 I've sometimes wondered why companies on occassion don't choose to forgo raises (or even give an across the board pay CUT) rather than cutting the workforce. A pay-freeze for 1 year would accomplish almost exactly the same thing as a 5% layoff, right? I’ve sometimes wondered why companies on occassion don’t choose to forgo raises (or even give an across the board pay CUT) rather than cutting the workforce. A pay-freeze for 1 year would accomplish almost exactly the same thing as a 5% layoff, right?

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