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I'm not sure about the last part. I get you could cut most employee salaries by 10% or more at a big corp and not get that many immediate resignations. Of cours
by smabie 6y ago
I'm not sure about the last part. I get you could cut most employee salaries by 10% or more at a big corp and not get that many immediate resignations. Of course there would be long-term ramifications, but that's a far cry from everyone quitting en masse.
- Pfhreak 6y ago21k to 12k is much more than a ten percent drop.
- desdiv 6y agoWhat you are talking about is a salary renegotiation, i.e. the employer offering the employee a new contract at a lower salary for work to be performed in the future. What had alleged happened in the story is salary theft, i.e. the employer stealing part of the employee's remuneration for work already performed in the past. I can't speak to India's legal system, but if this had happened in the US then it would be a federal crime under the Fair Labor Standards Act.