pay cut


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Noun1.pay cut - the act of reducing a salarypay cut - the act of reducing a salary  
cut - the act of reducing the amount or number; "the mayor proposed extensive cuts in the city budget"
References in periodicals archive ?
NICKY Campbell is the latest BBC star to take a pay cut of up to 30% amid the gender gap controversy.
In separate applications filed by former Makadara MP Benson Mutura and activist Okiya Omtatah while seeking to join the legal battle over the MPs' pay cut, they accused PSC of failing to disclose the true position of deliberations in Parliament on the said issue.
The prospective of a pay cut for everyone rather than the ax of layoffs might seem like an appealing prospect and a good choice to some.
The top executives of three New Hampshire-based companies were paid a total of more than $35 million in compensation in 2014, and that--on average--is a bit of a pay cut.
That said, he now has egg on his face for claiming the council's Independent Remuneration Panel 'did not fully understand the role of a district chairman' when the panel made a recommendation in September that ten leading city councillors were to have a 40 per cent pay cut, reducing their annual allowance from PS10,000 to PS6,000, but it was thrown out by Sir Albert.
5 per cent pay cut on all semi-government employees as their contribution towards healthcare, according to news reports.
Chair of the Welsh Consultants Committee Dr Sharon Blackford said: "We feel undervalued by Welsh Government and are now expected to take a pay cut to fund the Government's shortfall after five years of effective pay-cuts.
Out of 98 staffs in the ministry, only 48 staffs were affected and this pay cut were on instructions from above", said Isc Chol Dut.
The thinking here is that none among the three will be willing to take a pay cut.
THOUSANDS of public sector workers face a pay cut under the Government's plans to bring in regional pay, a union leader has claimed.
Investment bankers at Bank of America Corp (NYSE: BAC) might have to take a pay cut.
AUO's pay cut will affect 16 senior executives, including the president and 15 vice presidents, enabling the company to save NT$8 million a year.