Pay Cut Meaning. A pay cut is a reduction in an employee’s salary Pay cuts are often made to reduce layoffs while saving the company money during a difficult economic period A pay cut may be temporary or permanent and may or may not come with a reduction in responsibilities Some pay cuts also affect an employee’s raises bonuses and benefits.
Pay cut Your employer pay choose to put you on furlough meaning you receive 80 percent of your wages from the government (Image.
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Definitions for pay cut pay cut Here are all the possible meanings and translations of the word pay cut Princeton’s WordNet (000 / 0 votes) Rate this definition pay cut salary cut (noun) the act of reducing a salary How to pronounce pay cut? Alex US English Daniel British Karen Australian Veena Indian How to say pay cut in sign language?.
Know your rights if the boss suggests a pay cut Pay
When the pay cut is a response to some protected activity For instance if you complain that your boss is sexually harassing you and then your pay is cut that is called retaliation and it is illegal When the pay cut is discriminatory If all men get a pay cut but no women that’s illegal.
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New York City Mayor Eric Adams basketball player Klay Thompson and NFL quarterback Aaron Rodgers all face large pay cuts after bitcoin prices fell lower than $33000 this week — a far cry from.
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What does pay cut mean? definitions
Pay cut definition of pay cut by The Free Dictionary
In times of economic downturn many people live paycheck to paycheck If you’re barely making ends meet a reduction in salary might not be feasible Pro Accepting a pay cut shows loyalty to a company For less selfless reasons a reduction in salary could also mean that your employer will “owe you one” later on.