Pay Cuts Become Permanent for Many Americans During Pandemic
An employee uses a machine to count U.S. one-hundred dollar banknotes at the Hang Seng Bank Ltd. headquarters in Hong Kong, China. (Photographer: Paul Yeung/Bloomberg)  

Pay Cuts Become Permanent for Many Americans During Pandemic

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(Bloomberg) -- Pay cuts introduced by U.S. employers in the early days of the coronavirus pandemic -- meant to stave off layoffs and retain key employees -- have proved less temporary than perhaps ...
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