I've been with a company for 1yr. Now due to budget issues , my positions changing from dept. head to regular employee. Legally do I have to take a pay cut . Or do they have to continue to pay me my normal hourly wage?
2007-08-11 14:19:48 · 9 answers · asked by Anonymous in Business & Finance ➔ Careers & Employment ➔ Law & Legal
Pay rates and their correlation to titles are established by each individual company. The only legal requirements that govern pay have to do with adhering to wage and hour laws (paying overtime, giving rest/meal breaks, etc.) and not discriminating (not paying all Hispanics in the company less than all Whites, for example.) There is no requirement that the company must keep you at a certain rate of pay; if your job/title is changed, the company can change the pay rate commensurately.
2007-08-13 05:38:32 · answer #1 · answered by Mel 6 · 0⤊ 0⤋
Legally if you want to keep the job, you have to accept whatever they say.
Think carefully how to phrase things on your resume.
A demotion usually implies that something is wrong with you, an impression you do not want on your resume.
Many years ago I was on hourly rate with time and a half for overtime. In one computer conversion, I was doing an average of 100 hours a week for almost entire year. I got accustomed to using fine restaurants because I did not have time to cook for myself at home.
Then they put me on salary, saying that normally people on salary don't work more than 50 hours a week. What a crock. Almost all jobs for the next 30 years had me doing 60-75 hours a week, with no overtime.
Even though it was a nice raise in my annual normal pay rate, it was a huge reduction from recent years income, and it became very difficult to live within my means.
2007-08-12 08:18:43 · answer #2 · answered by Anonymous · 0⤊ 0⤋
You are typically paid based on the job description and the pay scale attached to that job description. If you are now working at a lower level of job description you may end up getting paid less.
It all depends on where you are in the salary scale structure.
Hope this helps.
2007-08-11 14:32:05 · answer #3 · answered by Anonymous · 0⤊ 0⤋
an furnish letter is in basic terms that an furnish it particularly is rescinded at each time, in case you have a written employment settlement that states what you would be making this is enforceable in a court docket of regulation, different than that as long as you're making minimum salary this is the only regulation that protects you something extra is between you and the business company
2016-10-10 00:55:29 · answer #4 · answered by lishego 4 · 0⤊ 0⤋
You could quit! You do not need to take a pay cut -- but you do not need to continue to be employed by the company either.
They do NOT need to continue to pay you the same if your job duties have changed.
2007-08-11 16:11:02 · answer #5 · answered by mj69catz 6 · 0⤊ 1⤋
Any company can change your wage to anything they please at any time unless you are under a contract. They must of course keep the wage above minimum wage.
2007-08-11 14:28:15 · answer #6 · answered by Alex M 2 · 1⤊ 0⤋
legally yes they can cut your pay but then they probably wont because of the paper work
2007-08-11 14:30:44 · answer #7 · answered by Adam B 3 · 0⤊ 0⤋
Most private non-union employement is "at will" employment, as long as they are not discriminating against you, you have no say.
2007-08-11 16:03:41 · answer #8 · answered by paanbahar 4 · 0⤊ 0⤋
if it does, it should only go up............
2007-08-11 15:30:27 · answer #9 · answered by DennistheMenace 7 · 0⤊ 0⤋