If you're a contractor understand also that they would be paid less both because of the pay cut and hours cut and so recruiters outside a firm would not get the

If you're a contractor understand also that they would be paid less both because of the pay cut and hours cut and so recruiters outside a firm would not get the commission they wanted. There is a markup on your hourly rate so lowering the rate and hours lowers their profits in two ways. With salary it's similar except the hours do not come into play.