The research commissioned by campaign group Keep Britain Working showed that about more than 30 pc of the employees are ready to take pay cuts, while one in five would apply for a sabbatical on reduced pay.
Half of them said they would agree to change their role entirely if it helped avoid redundancies.
"There seems to be a new altruism at work. If people believe that being flexible about their own employment conditions will help stem job losses they will take on change and make personal sacrifices, especially if bosses do their bit," the Daily Express quoted James Reed, founder of the campaign, which is backed by both sides of industry, as saying.
However, the workers also wanted managers to make sacrifices themselves.