3 ms·
Same story for me. 15% cut across the board for base salaries, merit increases cancelled, 401k match removed. Similarly bonuses were paid, but because they we
by dudul 6y ago
Same story for me. 15% cut across the board for base salaries, merit increases cancelled, 401k match removed.
Similarly bonuses were paid, but because they were reflective of 2019.
- bradlys 6y agoI'm just curious about this - but what kind of industry, job, and what kind of total compensation range are you starting at? I'm wondering if all these mentions of pay cuts are going to be something I should worry about. It seems farfetched for my current company (we're still hiring and growing) but I worry they would try to follow industry trends... So, I wonder if we're in the same industry. It feels like if the employer is even considering working remotely then they're more interested in cutting salaries too. Seems like if your employer has no interest in remote work and sees it as a purely temporary situation then there will likely be no salary cuts. Or am I wrong? (Presuming revenue is still okay)