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re: anybody get a temporary salary reduction?

Posted on 4/8/20 at 9:01 am to
Posted by ZULU
Member since Sep 2009
1014 posts
Posted on 4/8/20 at 9:01 am to
My hours got got to 12 hrs per week. Thanks alot China!
Posted by castorinho
13623 posts
Member since Nov 2010
88346 posts
Posted on 4/8/20 at 9:01 am to
quote:

Heard Oxy Chem cut salaries and hourly pay for all employees by 10% not sure if really true though.
oxy cut all salaried employees by up to 30%. And I think everyone over 100k by 30%. Except legacy Anadarko employees due their coc stupilations.
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
17536 posts
Posted on 4/8/20 at 9:07 am to
sorry my dude. things are bad right now for a lot of businesses.
Posted by Triple Bogey
19th Green
Member since May 2017
6855 posts
Posted on 4/8/20 at 9:08 am to
quote:

Sometimes its hard to believe what Walt says in these threads



He's the IRL version of Eeyore from Winnie the pooh
Posted by sjmabry
Texas
Member since Aug 2013
19081 posts
Posted on 4/8/20 at 9:15 am to
Fortunately, I am still standing with full pay.
Posted by BowlJackson
Birmingham, AL
Member since Sep 2013
52881 posts
Posted on 4/8/20 at 9:39 am to
Hell no. If anything changes about my check it better be bc they're adding hazard pay. We're already busier than normal bc our two main competitors are only running 3 days a week during this.

Not only is my company actually making more money rn, but they're saving it too by overworking us and not having to pay us any OT since they're only overworking salary guys
Posted by BertusTiger
The Bayou City
Member since Oct 2014
396 posts
Posted on 4/8/20 at 9:57 am to
My company suspended 401k employer contributions for the rest of the year starting May 1st but that is it so far. Hoping that’s all I have to deal with going forward.
Posted by BertusTiger
The Bayou City
Member since Oct 2014
396 posts
Posted on 4/8/20 at 9:59 am to
My wife is a teacher in Houston and I feel the exact same. She isn’t bankrolling (55K) but making a consistent income and isn’t at risk of losing her job (unless she quits lol).
Posted by wildtigercat93
Member since Jul 2011
116475 posts
Posted on 4/8/20 at 10:03 am to
quote:

My company suspended 401k employer contributions for the rest of the year starting May 1st but that is it so far.


Same here.

Worst appears to be over in terms of losing clients so we might be able to weather the storm without layoffs but we’ll see.
Posted by madamsquirrel
The big somewhere out there
Member since Jul 2009
56584 posts
Posted on 4/8/20 at 10:09 am to
Husband working normal 40 from home instead of office. My hours were cut from 40 to 10 but I now work from home as well.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
151593 posts
Posted on 4/8/20 at 10:10 am to
Yeah it was called furloughed without pay
Posted by YumYum Sauce
Arkansas
Member since Nov 2010
9653 posts
Posted on 4/8/20 at 10:24 am to
No. I'm actually giving a 15% hazard pay to our guys from next week through end of June. thanks PPP.
Posted by FlyinTiger93
Member since May 2010
3724 posts
Posted on 4/8/20 at 3:23 pm to
quote:

My wife is a teacher


Pics?
Posted by thelawnwranglers
Member since Sep 2007
42516 posts
Posted on 4/10/20 at 3:04 pm to
10% no 401k match for year

I need that dollar cost avg
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