Notice of company-wide salary decrease

What kind of notice is required?
By Stuart Rudner
|Canadian Employment Law Today|Last Updated: 04/22/2009

Question: My company is looking at implementing a company-wide salary decrease as an alternate measure to mass layoffs. The decrease will be across the board and based on each employee's compensation level. The reason is based on a business need due to economic hardship. What is the legal way to provide employees with reasonable notice of change?