Re: Pay Cut Issue
My company decided to 10% pay cut due to Sales/Performance. In the letter they wrote,
Based on the overall group sales as at year end 2008, there was a drastic drop in our sales and as a whole did not meet nor achieve the sales target. In view of this and the current economy downturn, the Management has decided to conduct the pay cut of 10% to your basic salary.
They only chose certain departments to implement this like product support and marketing. In fact on my side, my company did earn profit and the turnover were more than previous year. If we do not sign the letter and they continue to cut our pay, what can we do about it?
we further discuss about that issue and no one sign. Today the company decided to reduce 2days of working days a month only on certain people. Can they implement something without our consent?