Pay cuts ‘an awfully blunt instrument’: MMC CEO Dan Glaser
Marsh & McLennan CEO Dan Glaser today confirmed that the group has no current plans to cut pay packets or dividends, describing salary slashing as “survival mode stuff”.
Glaser’s comments came following an announcement by rival Aon earlier this week that 70% of its workforce faces a salary reduction of 20% in the wake of the coronavirus pandemic. Aon has committed to
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