CNN: Strategies for keeping your job

If your job really is in danger (and you'd rather have less money than no money) you need to address that fear head-on. Let the boss know you're willing to work, contentedly and productively, at a lower wage than you currently receive. Some possible openers: "I don't consider salary a final measure of my self-worth." Or "My friend Peter stayed on at his job at lower pay to help keep his company afloat. I really admire that." This move isn't without risk. And it won't be fun. It's hard for most of us to admit that we may be worth less to our employer than we once were. But that's exactly why signaling acceptance of a wage cut can prove effective. [Scary stuff! Across the pond this is how people are thinking! How long before British workers develop a similar attitude?]