The chain, where three quarters of its 150 stores remain open because gun sales have been designated essential in many states, told employees that salaried employees will see pay reduced 7-15% and senior management will take a 20% pay cut. Hourly employees, who represent 91% of the total, will not see compensation reduced but there will be no raises and matching retirement account payments have been suspended. Hourly employees at the closed stores have been laid off. While not as dire as other retailers, Bass Pro/Cabela’s has seen store traffic decline markedly because of social distancing requirements, although its e-commerce ... Log in to view full article.