Small Biz Owners Likely To Cut Personal Salary Before Employees

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In a survey conducted by office-supplies retailer Staples, half of the small-business owner respondents said they've cut their own compensation in response to the economic downturn.

In an article for CNNMoney, John Challenger, CEO of outplacement firm Challenger, Gray and Christmas, said small-business owners take care of their employees because they are the business’ biggest asset.

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CNNMoney: Cutting Your Own Salary Before Cutting Staff

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