Global economic crisis? Hay Group's Peter Christie discusses the impact of the downturn on Bloomberg
Thirty per cent of organizations in our global survey have begun or are considering salary freezes. Layoffs would be next. Peter Christie talks about the impact of the economic downturn in the US, Western Europe, Eastern Europe, Asia, and the Middle East as well as how certain sectors such as banking and finance, oil and gas, retail, and utilities are affected.
