kieran0426 wrote:What sort of pay cuts is everyone having to deal with in these current times of resession!!
Our firm took a 10% cut last Novemeber
The they reduced the staff from 20 down to 5 in January
Now they table another 30% cut for the remaining staff this week.
Thats 37% acculative plus the goverments 2% income levy so 39% inthe past 9 months
Just wondering is anyone else been faced with these massive cuts.
henno wrote:if they consider wage reduction as their main outlet for spending cuts, it means they cannot increase their work load to compensate. Therefore, they are forecasting a very minimal workload for the immediate future.
A 30% rash cut now on top of a 10% cut in nov is nowhere near in line with acceptable restructuring.
You should sit down with them and discuss a more dynamic solution which would include probably a larger cut per hour ratio but go on 3 day weeks, which allows you to seek social benefits.... otherwise less pay = less work...
This is what we have done and we are still surviving since going to a 3 day week last feb.
Wages bills are pretty much half of what the were on a 5 day week last year....
kieran0426 wrote:Althought in my case i think the the Managment are just taking advantage of the the staff and the hopeless position we 're in......As we're not in a postion to negotiate with them and they KNOW IT
Rourke wrote:only 37% pay cut....hmm cmon u can take a bit more pain than that?
ask Mrs 2nd in command, dont you know our country needs the money for a 4.5% pay rise for all those very important electricians. After all its the people that put the wires in buildings who are really indispensable. Those Architects just draw the pictures, sure my 3 yr old could do that.
We have ways and means of making your vocation ...eh hem i mean profession unviable.. eh hem i mean more competitive - we dont protect your function, you are happy with a title or 2, and a few nice paths for your bicycle ride home at 11pm after all that unpaid overtime
Architects pay cut 40%
Electricians pay rise +4%
wearnicehats wrote:They're not organised - they're in a Union - ever watch "One Man and his Dog"?
If they're so bloody organised how come the last one I rang arrived three days late and didn't have a screwdriver?