Let’s talk about the issue of salary cuts
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Everyone says that it’s a financial crisis at the moment, and every industry is facing difficulties. I’m not sure just how much this financial crisis will affect our chemical industry. Have you all encountered situations where your income has decreased, such as a pay cut or an indirect reduction in earnings? Anyway, we’ve effectively seen a reduction, of about 20%. This post was last edited by lihesong on 2009-3-26 at 15:52.]
Everything has its own rules of operation, and salaries are no exception; it’s not a big deal – they can go down as well as up!
We announce that there will be no salary increases nor decreases, but previously it was based on seniority – that is, there was a slight salary increase each year; not having an increase meant a decrease in fact. And it’s unclear when things will get better; that’s the most troublesome part. Work at the company – it’s uncomfortable, and I don’t see when things will get better ； Do it yourself. When faced with a crisis, they don’t dare anymore. It’s not easy either way!
My salary has been reduced; my future salary too will be lower
It’s getting worse and worse – we’re laying off 40% of our employees, reducing their salaries by 15%; middle-level managers see a 40% cut in their salaries, while senior managers have theirs reduced by 20%. It’s really tough for the workers
Well, just keep going slowly; if you persevere for a year or two, you’ll see success – that means a raise, and then you’ll be very happy
Apart from the basic salary, everything else is gone
No one can predict how the market will change right now; we’ll just have to see what happens step by step! The original poster only sees the issue of salary cuts; many companies in the chemical industry have gone bankrupt, and it’s unknown how many people have lost their jobs! Be content!
In these times, it’s already great to be able to keep one’s job; how can one still worry about a pay cut?
There’s no salary cut, but there should be no salary increase either each year; it’s definitely off the table this year
It hasn’t changed; in fact, it has decreased. Otherwise, the salary would have to increase every year.
Our situation is the same as what was mentioned on the third floor; it was supposed to increase year by year, but there was no increase this year, and there are rumors that it might even decrease. Really, they should give out more money to stimulate consumption and boost domestic demand!
If it has to go down, then it will – no one can stop it. Think of it this way: by sharing the pressure with the company, it will remember you in the future; just get through today and everything will be fine!
I just started a new job; the salary is already not high. If they want to cut it, then let them
We have a system based on base salary and bonuses, with bonuses being the main component. It seems that there won’t be any bonuses this year, so it’s clear that the financial crisis has an impact on our industry.:
Let’s work together to get through the financial crisis
Our salaries haven’t been reduced, but we’ve lost out on the year-end bonus; it’s a huge loss!
It’s been reduced; our employees’ salaries have been cut by 35%
Anyway, I’m getting a few hundred less than before! :)