Cut pay or no pay?
According to MSNBC.com, the number of workers forced to take unpaid vacations is at a 17-year high. Other creative ways companies are using to avoid lay-offs include four-day work weeks or reduced-pay sabbaticals. Taking a pay cut — even if you get to take a few guilt-free days off — can be devastating to your budget.
But pick one: Earn a bit less? Or join the millions of unemployed?
I’m thankful every day that I have a job and I translate that thanks into doing the best job I can for my company. The only job security I have is adding value every day. So to those of you who have jobs, take that advice!
January 26th, 2009 at 2:47 am
My personal performance was excellent in 2008, and it is not saving my job. Tomorrow is my last full day. In my opinion, your advice is typical of the ivory tower executives at many companies. It’s the standard company line, but you can add all the value you want, every day, but when the almighty dollar comes into play it’s out the window – even if the elimination is completely short-sighted and the position will have to be reinstated in a few months. Just my opinion, but I have never read such useless advice.
January 26th, 2009 at 4:51 am
I try to speak to the largest audience. Doing a good job should never be bad advice. I’m sorry you find yourself in this situation, but I hope that in your next position you’ll continue to work hard and add value to the company. If you’re willing to continue to read what I write, see my post about being out of work called “It’s Not Personal.” Good luck!
March 2nd, 2009 at 11:23 pm
It’s an interested article. Now a day all company facing the economical recession problem. So it is very tough to task to say that cut pay or no pay. But in a month 2-4 pay should not be cut.
Jeremy
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