Boxhead_31
The Greatest Team Of All
- Oct 12, 2007
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- South BHFL
Given that all management and the CEO went out the door as well you could say there were serious about the companies state of affairs.Was the CEO, management etc also taking a 10% pay cut?
One place where I worked said the couldn't give us a promised pay rise or they'd go broke.
What the CEO did was give management and favourite girls from the office extra job titles to justify their pay rise and bonuses.
We all decided to leave then all of a sudden got our pay rises and it turned out the business was quite viable all along.
It's easy to say people should take a paycut. I know if I had to take a 10% cut I'd need to leave and find another job.
Given that Ford, Holden, Toyota and the mines are closing up finding other jobs are going to be harder and harder which makes the decision not to take a pay cut and keep a check coming in was astounding