With the NHL lockout in its 12th week and no end in sight, the Wild announced cost- cutting measures during a staff meeting Tuesday.
The vast majority of the 200-person staff was informed that it will begin four-day, 32-hour work weeks that will reduce salaries by 20 percent. In order to alleviate the stress heading into the holiday shopping season, employees won't feel losses for the first time until after Christmas.
"Our whole philosophy is we're all in this together," chief operating officer Matt Majka said. "We want to keep the staff intact because we still think we can play hockey this year. That's why we're announcing no layoffs. It's an all-for-one thing, and that's why we're going to do it this way with everyone feeling it a little bit."
If the lockout results in the cancellation of the 2012-13 season, Majka wouldn't speculate whether layoffs would be on the horizon.
"Honestly, we have not had any developed discussions about what we do next," Majka said. "We're taking this step for today, and we'll have to see what will happen over the next couple months."
The objective is to avoid layoffs, which is why Majka said the club decided the fairest thing to do was "difficult" across-the-board pay cuts. Employees for teams in Vancouver, Montreal, Ottawa, Columbus and St. Louis have been working four-day weeks for some time, as well as full-time employees at NHL headquarters in New York and Toronto. Ottawa, Florida, Edmonton, Phoenix and St. Louis have laid off employees.
Previously, the only Wild employees to receive cuts in base pay were those making more than $70,000 a year, and that was a 30 or 35 percent reduction to the compensation over that $70,000 threshold. Those employees include executives on the business side and management, coaches, trainers and broadcasters on the hockey operations side.
Some of these employees now will receive pay reductions significantly greater than 20 percent after Christmas.