U.S. CitiesCity-Data Forum Index
Covid-19 Information Page
Go Back   City-Data Forum > General Forums > Economics
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
Old 07-03-2008, 02:00 PM
Location: Houston, TX
17,031 posts, read 28,326,048 times
Reputation: 16222


I'd take the pay cut, and would have my resume out by the end of the day. One would hope the cuts would haapen to Sr management as well.
Rate this post positively Reply With Quote Quick reply to this message

Old 07-03-2008, 02:45 PM
Location: America
6,993 posts, read 16,086,885 times
Reputation: 2083
Originally Posted by total_genius View Post
There is talk in economic circles that due to high energy and insurance costs, foreign competition, outsourcing, etc, the amount we pay people to do many jobs has to change. Wages have to go down.

You have seen this already in many blue collar environments, factories, and airlines, Circuit City, Radio Shack, etc. They tell the workers that they can not continue to make the type of money they have. Either is is termination or a wage cut or freeze.

Alot of our jobs could be outsourced, or as unemployment goes up, new employees could do the work for far less. Why should we pay an aging tired 20 year company veteran (such as an Administrative Assistant) 50K a year when we could find an eagar younger worker $30K?

We are cutting your pay 40% tommorrow, stay or go? If you stay while you are looking for another job you have to work just as hard or harder than you did when your pay was 40% more! YOUR CHOICE?
40% pay cut means I can no longer pay my bills. I leave, go live with my mother and get whatever job I can find. Even if that means shoveling dog $4!7 for lazy dog owners. I would do it, cause I do not want to be the last man standing when this game of musical chairs we call the American economy stops.
Rate this post positively Reply With Quote Quick reply to this message
Old 07-13-2008, 12:30 AM
6,473 posts, read 11,036,432 times
Reputation: 6373
Originally Posted by MIKEETC View Post
I'd accept a 40% cut in pay over losing my job outright but only for a short period of time. And then, I'd expect the company to make it up later.
You mean to tell me that you would STILL continue stay on at this company after being disrespected so??

If they cut your salary at 40% it means they will NEVER make it up to you. Ever. You've already accepted the "abuse" and they'll probably cut it another 10%, because they got away with it the FIRST time you didn't do anything.
Rate this post positively Reply With Quote Quick reply to this message
Old 07-13-2008, 08:56 AM
Location: Mid-Atlantic east coast
5,821 posts, read 10,714,837 times
Reputation: 11699
Is this what our "owners" have in store for us? 40% pay cut or termination? Fine choice it is..between a rock and a hard place.
Rate this post positively Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.

Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Similar Threads

All times are GMT -6.

© 2005-2021, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top