Would you take a 5% paycut?

[shmike]

Originally Posted by G-Rex

My company is small, and my time here winding down soon of my own doing.

However, if I were not leaving, and I was asked to take a paycut, the answer would be no.

I would suggest to the boss he has plenty of room to make sacrifices before we do. He spends more in a month on dining out than some people make in a month. That's just one example of many I can list.

I understand your angst, especially given the circumstances.

However:

Often, in small companies, the boss will take a hit long before the employees. I have seen small business owners not take a paycheck for months to keep a company afloat while the employees had no idea.

[marko138]

Originally Posted by neebelung

We just had our quarterly meeting last week... no profit sharing (can't 'share' what we didn't make), and corporate wide wage freeze (so those of us who've taken on all KINDS of extra work this year are just going to have to be glad we still have JOBS rather than complain about not getting a raise).

Yeah it reallys sucks....we're not allowed OT either. And there's a wage and hiring freeze. We're literally dont have enough people to get the news on the air everyday. Its really tough. We're all busting our asses to get the show on the air, doing more work then ever for less work.

But on the plus side...I still have a job.

[Homeslice]

The news says everyone at HP took a 5-20% cut

[Hondahugger]

Originally Posted by neebelung

No, I wouldn't ask who they are. It's not my business, nor should management be obligated to tell you. It shouldn't factor in, IMO. That makes it personal, and it's a business decision.

Some people might feel that if they can't send their little Johnny to Baseball camp in the summer and little Suzy to Ballet camp, or get their child braces for their teeth, they would want to know where their 5% is going that is making their family sacrifise.

Originally Posted by neebelung

If you're trying to "do the right thing," you just do it. You don't base the decision on "Do I like that person? Do I not like that person?"

I absolutely agree!

Originally Posted by marko138

Yeah it reallys sucks....we're not allowed OT either.

Some companies have gone to the 'Comp Time' rule to avoid paying the OT.

[Looni2ns]

Originally Posted by marko138

Yeah it reallys sucks.... But on the plus side...I still have a job.

That's it. You still have a job.

If it means the difference between having a job, and not having a job, in this day and time, I'll take a decrease. I've been laid off before. Not having enough money for essentials is scary.

azoom's right. The management should not ASK the employees if they'll accept a decrease. The decision should be made by management. That's management's job.

[zed]

I was once told that I needed to take 1 extra day off a week, no choice. I wasn't happy about that and was really pissed once I figured out that all I had to do was bill out 2 hours a day to pay for my days pay + bennies. it also didn't help that I wasn't the low man on the pole in billed hours or time at the shop. I did it till I found another job. I was at a 70% effenciey rate while the guy they kept that wasn't there as long was around 30%