If you&#x27;re careful about hiring and put in place the right incentives, then there doesn&#x27;t have to be much dead weight. And if there&#x27;s little to no dead weight, then I think it&#x27;s very noble and honorable for a company to cut salaries across the board to avoid layoffs. It&#x27;s certainly a lot more noble and honorable than a company that provides its CEO a salary that is 204x that of its average employee  (<a href="https:&#x2F;&#x2F;www.glassdoor.com&#x2F;research&#x2F;ceo-pay-ratio&#x2F;" rel="nofollow">https:&#x2F;&#x2F;www.glassdoor.com&#x2F;research&#x2F;ceo-pay-ratio&#x2F;</a>).