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Well we have seen the first real effects from COVID 19. My wife’s company just had an all staff meeting to announce the company’s COVID 19 “Stimulus” plan. It took an hour to say what could be said in 1 minute. No bonuses this year and company wide pay cuts on a sliding scale from 0-25%. People making less than $65K have no cut and it progressively increases from there. No slow down or reduction in hours. They didn’t let any contractors go and they keep their full pay.
How brain dead do you have to be to call a pay cut a “stimulus”?
We will be fine and a sliding scale makes a lot of sense. However nobody is happy that the company decided to cut employee pay before letting the contractors go.
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