If you have to ask, you are probably deserving of it.
8 replies (most recent on top)
Of course they are legal. As long as you make at least the minimum required wage.
You are just an insignificant louse embedded in the scalp of the company. If you don’t like the taste of their blood, go find some other company to infect.
Harsh? Absolutely. Accurate? More than you know.
Hell, they can even fire you.
Pay cuts are definitely legal, even temporary ones. They can also furlough you and take your vacation days too. For privately-held companies that offer voluntary purchasing of stock shares, a company can take your investment capital by stating a $0 return. This is possible because the company sets the price, not the market.
So companies have a lot of options to take money from you and I’m sure there’s more
Not unless your paycut is below minimum wage! You're basically agreeing to the paycut by staying with the company.
yeah they can pay you whatever they want.You dont have to stay of course
The Cost Reduction through salary cut cuts, Tax Incentives, lower operating cost in cheaper locale, etc... same reason why ex-partiates who move to Taiwan are defaulted to a lower salary given the lower region moved to.
Yep