Tag: reduce salaries

  • How to Safely Cut Costs by Reducing Employees’ Wages and Salaries

    One of the first areas that employers look to in seeking to cut the costs is employees’ wages and salaries. Cutting staff wages unilaterally though can be fraught with danger. One of the fundamental terms of the contract of employment will be that dealing with pay/salary. Cutting wages therefore is a variation or change of […]