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In the last 2 weeks we have been witness to an incredible economic impact due to the Covid-19 pandemic.

A large number of businesses have closed or had their sales drastically drop and multitudes of people have been terminated, laid off or simply have no work available, as businesses struggle to survive.

Many leaders such as small business owners are also struggling to survive as the business that is their livelihood is threatened as well.

And some leaders who have had to scale back their employees have opted to take a hit themselves by reducing their salaries significantly. And a handful are simply not taking a salary at all.

Here are a couple of examples of leaders who have taken that sacrifice to make their people feel secure:

Columbia Sportswear CEO Tim Boyle cuts own salary to $10K, retail employees receive regular pay

6 CEO’s Who Are Foregoing Salaries to…

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