Hi,
Last year everyone (directors included) got a 10% paycut. This was expalined in an e-mail to all. We are a small 4 person company. I did not request wirtten acceptance of this pay cut. I was told at the weekend that i should have gotten a signature from employees accepting the pay cut, otherwise the pay cut was not legal and the employee is entitled to the monies back when they request it.
Please any input.
Last year everyone (directors included) got a 10% paycut. This was expalined in an e-mail to all. We are a small 4 person company. I did not request wirtten acceptance of this pay cut. I was told at the weekend that i should have gotten a signature from employees accepting the pay cut, otherwise the pay cut was not legal and the employee is entitled to the monies back when they request it.
Please any input.