Just had a 5K wage cut:(

mrknuckles

No not really. But they never said anything directly.

To be honest, I dont see why they did it like that anyway as i had offered to take a pay cut already so. its just a mess like the rest of this country.

tuggy12

Not seeing any posts like these from Public Sector workers.

Strange isn't it?

JF77

Hi,

So you will go from £1,700 per month to £1,400 per month after tax.

piggeh

It's not the end of the world, I remember talking to my ex workmates whilst I was working there, that I'd rather we all had a 10% cut than face more redundancies (20% is quite steep though). As it were we didn't face any cuts and a few months later another 50 out the door (including me). It's tough finding work, best to take it on the chin and do what you can to cut back, earn extra in other ways or whatever you need to do.

Soubrette

mrknuckles wrote: »

Yeh basically most of the directors have taken large pay cuts. Some up to 50%, some are working without a salary. Other people have taken similar cuts.

Obvously the economic down turn being the main excuse.

A load of people who work on the same areas have been made redundant.

The directors may take some of their income as dividend income.

Sou

Debt_Free_Chick

Will you now qualify for Working Tax Credit? Or an increase in WTC? Or any other benefits?