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Employment

We have been asked to take a 20% pay cut which we have done. I was wondering if there is any advice for people that are still working but with reduced income. 

Comments

  • Jeremy535897
    Jeremy535897 Posts: 10,680 Forumite
    10,000 Posts Fourth Anniversary Photogenic Name Dropper
    Make sure the pay reduction is clearly described as temporary, otherwise you may not see your pay rise after the pandemic is over (and that also reduces statutory entitlements like redundancy). It may be too late now, but if it does not, it is something to raise with your employer if you feel able to.
  • sharpe106
    sharpe106 Posts: 3,558 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Also does it take you below the minimum wage? 
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