Recession tales: The workplace is changing forever

Updated

For the 138 million Americans who still have jobs, the recession is changing the way they work.

Work furloughs are common, pay cuts are mandated to save jobs from being eliminated, four-day work weeks are gaining popularity, and companies are cutting benefits such as matching 401(k) contributions.

It's enough to make someone quit.

When the 15 million unemployed Americans do find jobs again, they'll return to a workplace that is likely to have grown accustomed to less pay for more work, or at least working less hours in a week. The raises that were once part of an annual employee review, if not entirely gone, will take years to get back to where they were before the recession.

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