Nearly one-third of American workers would consider taking a demotion or a pay cut to avoid being laid off, according to a survey of 1,250 workers by ResumeBuilder.com. 

Of those willing to take a pay cut, 28% indicated they would accept a 1% to 5% difference, 33% would take a 6% to 10% reduction, and 18% would receive an 11% to 15% cut, the report found. Another 10% are open to a 16% to 20% decrease, and 8% are prepared to take a pay cut of more than 20%.

Other sacrifices employees are willing to make include working on the weekends (76%), taking less preferable work (58%) and forgoing time off (48%). In addition, about 43% would accept a longer commute, 38% would relocate and 37% would be willing to switch to a part-time or freelance role. One-quarter of workers said they would work more hours without additional pay and 20% said they would be willing to give up certain benefits, the survey found. Further, 1 in 8 survey respondents said they already have made sacrifices to keep their current job.