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A salary cut is what happens when your employer reduces your pay. The amount of a salary cut can vary depending on your job position and the situation responsible for the pay decrease. Salary cuts can mean a reduction in pay without a change in your work responsibilities.

The survey found the group also prioritized their work-life balance over making more money. Some may also consider taking a pay cut to have a better balance between work and life, or to change careers to something more meaningful.

Noun. a decrease in pay or salary.

Dear EMPLOYEE'S FIRST NAME, This letter is to notify you of the permanent reduction in scheduled hours from X hours to X hours per week in ance with our recent discussions regarding your requested FTE reduction. Your current salary of $X at X FTE will be prorated to $X at X FTE.

Considering when to take a cut in pay is both a personal and professional decision. The decision to accept lower pay requires considering factors like the risks and rewards of the pay cut. Rewards might manifest in the opportunities presented by a new job, or a chance to change roles or set your own hours.

To notify employees about upcoming salary changes, consider making your own salary reduction letter. Include the date, employee's name, reason for the salary reduction, and the effective date on your salary cut letter.

Even though pay cuts are usually legal, there are some measures in place to protect workers. For example: The employee must be notified about the pay cut in advance. The employee must agree to the pay cut; alternatively, they may choose to leave the employer.

Whether you are an hourly or salaried employee in California, you are entitled to receive the agreed-upon, legal rate of pay for the work you've already done. Bosses have the discretion to reduce hourly pay and salary rates just as they can raise them.