17th July 2011, 02:04 PM
I know people working for firms who've been asked to go to a 3-day week, to cut costs, and others who've been asked to work 11 hour days and weekends for the basic day-rate. I've also heard of a large firm who are now paying staff less than I was getting when I first started out on the circuit, over 10 years ago. There appears to be a very real danger that any advances towards increased wages made over the preceding decade are being quickly eroded, with the argument being that it's better to have any job than nothing. However, the cynic in me thinks that when (if) the situation improves, companies will continue with the lower wages and harser terms, rather than automatically reverting to the pre-recession standards.
You know Marcus. He once got lost in his own museum