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hiring freeze |
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The plan also involves a hiring freeze, a company-wide wage freeze in 2010 and 2011, lay-offs of all cabin attendants older than 55 and additional savings of up to 37 million euros a year in overhead costs in 2011 and 2012. Since a hiring freeze in September of last year in Pennsylvania, for example, that state put 1,000 new employees on its payrolls. A recent Watson Wyatt survey found that 62% of companies that have made hiring freezes and 69% of those that have made salary freezes plan to eliminate them within the next 12 months. |
hiring freeze |
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