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Are you facing a pay cut? We show you how to manage this situation confidently and explore practical steps to safeguard your future. More @Wikipedia
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- What Is a Pay Cut and When Should You Take One?Taking a pay cut is a financial risk attached to a job or career change. A pay cut typically results in less pay but might include changes to benefits as well. Benefits may stop, such as employer contributions to a retirement fund.
- 5 Pay Cut Types (With Tips for Handling Them) - IndeedLearn about what pay cuts are, which types of pay cuts employers often enact and some tips that can help you responsibly respond if you receive one.
- When You Should (And Shouldn’t) Accept a Pay CutIf you’re debating whether to take a lower-paying job to be healthier, and what kind of pay cut is acceptable, it’s worth sitting down and seeing a.) whether your budget will sustain a cut (and how large of one), and b.) whether you can potentially get by with fewer benefits and perks (for example, few tech pros are willing to give up ...
- 5 types of pay cuts, when they’re legal and when they’re ... - LaddersA pay cut is a decrease in an employee’s compensation. It could be a reduction in salary, benefits , hours and more — it’s not limited to monetary compensation....
- When Can an Employer Legally Cut Your Pay? - The BalancePay cuts are illegal if they are retaliatory or discriminatory, or if they're implemented without prior notification or drop salaries below minimum wage. If you believe your pay has been unlawfully reduced, first try to resolve the issue internally before contacting your State Department of Labor.
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