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Old 07-03-2008, 02:00 PM
 
Location: Houston, TX
17,031 posts, read 27,561,032 times
Reputation: 16212

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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.
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Old 07-03-2008, 02:45 PM
 
Location: America
6,987 posts, read 15,766,746 times
Reputation: 2073
Quote:
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.
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Old 07-13-2008, 12:30 AM
 
6,473 posts, read 10,706,795 times
Reputation: 6373
Quote:
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.
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Old 07-13-2008, 08:56 AM
 
Location: Mid-Atlantic east coast
5,525 posts, read 10,230,495 times
Reputation: 10742
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.
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