Job losses are at a historical high.

And you, as a small business employer, may be feeling the heat.

No, the pressure isn’t as intense as large corporations that are faced with numerous layoffs, but you feel the economic struggle just the same.

No one wants to let go of valuable workers, but there may come a time when you have to.

Before things get to that point, however, it might behoove you to consider a few alternative possibilities.

Business Week recently reported that small business owners are “instituting job-sharing programs, across-the-board pay cuts, reduced hours, and unpaid vacations in an effort to keep their workforces intact.”

Do what you can. That is all anyone can ask of you.