Would you take a 5% paycut?

[marko138]

Originally Posted by Rider

Not over 5%. Do you realize that it would cost the company a lot more than 5% of your salary to hire someone back in at a 5% lower salary. Advertising cost money, interviews cost money, training costs money. If a company is going to fire your ass over 5% they have far bigger problems than you know about and you better have your ass out job hunting anyway.

Well...everyone at my company took 4%...anyone making over 6 figures took a 20% cut. I guarantee if and when we have to lay more people off it will be the ones who declined the 4%.

I had no choice. The reporters and produces, who are under contract, had a 'choice'.