The coronavirus (COVID-19) pandemic is impacting the economy and forcing businesses to cut costs. With salaries being the highest expense for most businesses, reducing employee hours has become the first port of call.

Yet knowing that these tough times will pass, many business owners are reluctant to permanently cut their staff numbers, especially having invested in finding and training good people. To help you understand your options, this factsheet outlines four steps you can consider to reduce employee costs.

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