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Started By
Message
50% Salary Cut
Posted on 3/16/20 at 7:46 pm
Posted on 3/16/20 at 7:46 pm
My employer just asked all management to take a 50% salary cut for the foreseeable future until this corona virus hysteria passes. I dont exactly live paycheck to paycheck but I dont think my family can survive in our current situation for more than a month with that kind of cut.
46
Posted on 3/16/20 at 7:46 pm to rcrdav24
Jeebus
Posted on 3/16/20 at 7:47 pm to rcrdav24
Tough choices. Does wife work?
Posted on 3/16/20 at 7:47 pm to rcrdav24
Sounds like your company lives paycheck to paycheck
I’d ask for profit sharing if you do
I’d ask for profit sharing if you do
This post was edited on 3/16/20 at 7:48 pm
Posted on 3/16/20 at 7:47 pm to rcrdav24
If the alternative is 100% cut then I would take it
Posted on 3/16/20 at 7:47 pm to rcrdav24
quote:
I dont think my family can survive in our current situation for more than a month with that kind of cut.
Let your wife and daughter know that there is plenty of room at my house,..and that this is still The OT.
Posted on 3/16/20 at 7:47 pm to rcrdav24
Sounds like they are trying to keep people employed. They can go about it another way if people don't buy in.
This post was edited on 3/16/20 at 7:51 pm
Posted on 3/16/20 at 7:48 pm to NYCAuburn
quote:
Sounds like your company lives paycheck to paycheck
Many do.
Posted on 3/16/20 at 7:48 pm to rcrdav24
Boss man is using the hysteria to save him some cash. I’d ask to see the books or tell him to GFY
Posted on 3/16/20 at 7:48 pm to rcrdav24
(no message)
This post was edited on 10/19/21 at 6:36 am
Posted on 3/16/20 at 7:48 pm to rcrdav24
That sucks
Posted on 3/16/20 at 7:48 pm to rcrdav24
I don't believe you.
Posted on 3/16/20 at 7:48 pm to rcrdav24
Man that’s tough. People adjust their standard of living to what they earn, no matter who they are for the most part. To cut salary in half is a really thought one. Sorry bro.
Posted on 3/16/20 at 7:48 pm to rcrdav24
Are you sitting at home doing nothing?
Will you get a 50% raise when asked to work extra hours?
Will you get a 50% raise when asked to work extra hours?
Posted on 3/16/20 at 7:48 pm to rcrdav24
I'd tell them to get fricked. Take it out of profits.
Posted on 3/16/20 at 7:48 pm to rcrdav24
Split the difference while you look for another job that’s some bullshite right there
Posted on 3/16/20 at 7:48 pm to rcrdav24
I voluntarily took a 50% cut so I could work from home. I can only do half my work from home and I am high risk.
Posted on 3/16/20 at 7:49 pm to rcrdav24
Damn. Our low level management makes about 15-20% more than tenured staff. In that case I'd be pissed
This post was edited on 3/16/20 at 7:57 pm
Posted on 3/16/20 at 7:49 pm to rcrdav24
What are your options?
Do you think they are exploiting the Corona to take advantage of you
Do you think they are exploiting the Corona to take advantage of you
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