kingspoofer
Registered User
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There is talks of a 5% paycut at work what rights do I have.Do I have to take it can I be fired if i dont?
You cannot be forced to take a pay cut against your will.
However, if your company is struggling financially and needs to cut costs and doesn't get the savings from a salary cut that it needs, then it may look at redundancies instead.
Was just told today its going to be 10% what options have I?will bring it from 39 to 35% roughly
We are also facing a pay cut of 10%
We have been informed that an employer cannot force it upon you if you have not agreed to it as it is breach of contract...
Yet people ARE accepting pay cuts! If you are made redundant for not accepting a paycut, them this is unfair dismissal & can be challenged...
Get together with like-minded collegues & reject the pay cuts
Ours were annonced out of the blue with posters around the workplace blaming the gov. levy & it didn't state if the paycuts were across the board!
What I would like to know is can an employee(s) ask for proof that a company is facing financial difficulty to justify the paycuts to differentiate the chancers (employers) from the genuine? Are we expected to take the employers word that they are facing financial difficulties?
do they not get it - its THEIR wages that drive the prices up in ROI....... (If you are on €8.65/hour this remark does not apply)
Hi Kingspoofer. Sorry to hear about talks of paycuts. I too have been just informed of a paycut and would appreciate all advice.
Hi all, we too have been just advised today 06 May, of a 6% paycut in the Insurance Sector with effect 01 May, due to the current economic climate. We firmly believe that our company is not struggling as much as they are telling us and this recession is just an excuse to boost their profits. Can anybody tell me what consequences they have faced in rejecting paycuts (redundancy etc) and if there is anyway to prove to staff on how bad the company is really doing (financial reports etc)? Plus, can they advise us today 06 May that we have to take paycut from 01 May. Thank you.
Wow - I am really concerned that the message about the cost of Ireland is not sinking in - we have all made it a very expensive country with our pay demands and companies greedy profits.
The better paid folks who call Joe Duffy and ask 'how come a meal out in Spain is sooo cheap compared to Ireland?' and 'why are the prices in the north so low compared to ROI?' - do they not get it - its THEIR wages that drive the prices up in ROI....... (If you are on €8.65/hour this remark does not apply)
The clear example is Tesco bypassing the Irish wholesaler/distributor for their stores on the border - if what I saw on TV3 this morn is anything to go by, this will be rolled out across ROI and that will put many Irish operators under pressure.
The cost base in the export sector has had to remain competitive over the last few years so if the company is maintaining margin relative to international competition then their wages are not too high. If the company is servicing the domestic sector then the chances are that wages are too high relative to the same sort of company in the rest of the EU. When we stop losing jobs, foreign direct investment picks up again and Irish companies are competitive across the EU (and the rest of the world) then wages will not be too high any more.so how big a pay cut did you volunteer to take?
The cost base in the export sector has had to remain competitive over the last few years so if the company is maintaining margin relative to international competition then their wages are not too high. If the company is servicing the domestic sector then the chances are that wages are too high relative to the same sort of company in the rest of the EU. When we stop losing jobs, foreign direct investment picks up again and Irish companies are competitive across the EU (and the rest of the world) then wages will not be too high any more.
A good rule of thumb should be that since we are a small peripheral island off the coast of Europe with little or no indigenous high-tech companies our wages (and therefore our cost base) should always be well below the EU average.