Can employer reduce salary even when they are profitable and I have worked properly?

Question

Assume I earn base salary of $100K per annum in Company A, which is profitable. Our company gets acquired by company B. Manager tells me that to level the salary levels with company B, my base salary has to be brought down to 90K and I will be offered 15% bonus if I do well, team does well and company does well. Thus that becomes variable bonus. Can employer reduce my base salary just like that, when company B is profitable?

Answer 1

Wake up my friend. You are talking about big business. They will do anything that they can get away with. Look at Enron for example. But I see the wisdom in what they are doing. They want to get more work out everybody so they will hopefully get their bonuses. But I will bet that even at your level of performance they will deny you your bonus. The CEO will get the bonus.

Answer 2

Yes, He's probably loosing money on his business and has not only reduced your salary ,but has laid off other employees .He kept you .Stick around an check out the action regarding the 15% bonus .......If you wer smart you checked out what 15% of 90k is .then add that percentage back and that should project the net gain to you ,providing the employer will be bargaining for 15% increase on your 90k get it ?


Stick around for the ride ..

Answer 3

because i'm an criminal professional, I actually ought to assert: i'm no longer your criminal professional. i do no longer signify you. in case you sense you've a valid declare, you may want to on the prompt search for suggestion from an criminal professional in individual. i'm no longer advising you one way or yet another to do something. In maximum circumstances in the USA, the answer is definite, they could. frequently, state regulation controls the employment courting, except for certain elements the position federal regulation is major (like discrimination). maximum states in the US have the doctrine of "employment at will" -- which signifies that both get at the same time can end the employment courting at any time without or with reason. in this context, your therapy on your organization replacing the circumstances of your employment is to provide up. inspite of the undeniable fact that, there are exceptions. frequently, if you're a authorities worker, diverse regulations might want to practice (civil provider regulations, and so on.). when you're area of a unionized place of work, the collective bargaining settlement will frequently have provisions touching on to subject matters like those you be conscious. once you've a written settlement of employment for a particular time period, you're literally not less than the at-will doctrine and your rights are set out in the settlement. Even less than the at-will doctrine, the organization gained't take action for particular causes, which includes ones that could want to discriminate on the theory of race, gender, incapacity, or age. In some states, employers are prohibited from taking employment action in retaliation for "whistle-blowing." those are different major exceptions. there might want to be others suitable on your difficulty, it really is why you may opt to search for suggestion from an criminal professional.

Answer 4

An employer generally has the right to change the terms of your employment, including your salary.

You have the right to look for another job.

Answer 5

If in most states an employer can fire you for no given reason (employment at will), I don't see why it can't reduce your salary with no reason.