Cut your hours or cut jobs?

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Tax professionals are the most generous when it comes to reducing their working hours to save jobs in the recession.

As the economic downturn hits companies hard, many are being forced to cut costs in HR, but while lots of workers could face the chop, others are being asked to chop down their working hours instead.

A recent poll by specialist executive search consultancy GRS revealed that 56.5% of tax professionals would be prepared to decrease their hours to save a colleagues job.

Those in the risk sector came in second, with 54.3% agreeing that they would consider this as an option, while insurance workers were the least charitable, with just 49.3% sacrificing their hours to help their co-workers.

The online survey of 2,000 City professionals uncovered divided opinions overall, with...

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