Team-BHP > Shifting gears


View Poll Results: As an employee or a boss, what kind of salary cost-cutting are you okay with?
Salary cut 179 30.65%
Unpaid leave / furloughs 97 16.61%
Layoffs 14 2.40%
4-day work weeks 124 21.23%
Lower salary to continue work-from-home 153 26.20%
No bonus for a foreseeable future 319 54.62%
No increments 327 55.99%
Reduction in perks (company cars, allowances etc.) 278 47.60%
Other (please specify in your post) 17 2.91%
Multiple Choice Poll. Voters: 584. You may not vote on this poll

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Old 12th May 2020, 09:50   #106
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Default Re: As an employee or a boss, what kind of salary cost-cutting are you okay with?

Quote:
Originally Posted by alpha1 View Post
Don't be alarmed but I am sure there will be a lot of our colleagues who would say that they are performing better than others hence there should be no pay cut for them compared to someone else who is not performing as well.
Agreed. Not exactly a pay-cut but TechM & Wipro apparently sent out notices about stopping shift allowances(Rs.5000-10000) for people as working from home as they don't need to travel at odd hours. They have been served notice from labour department in Pune for the same.

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To which Tech Mahindra spokesperson said:
Quote:
The shift allowance paid for hardship due to travel to work at odd hours and other out of pocket expenses, continues to be paid to all Tech Mahindra associates, who are coming to office or are at client locations as per policy. Our focus remains to ensure the well-being of our associates, customers and partner ecosystem; while maintaining business continuity
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Last edited by SoumenD : 12th May 2020 at 09:52.
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Old 15th May 2020, 14:49   #107
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Default Re: As an employee or a boss, what kind of salary cost-cutting are you okay with?

As companies world over are cutting pay and are firing employees, Asian Paints has gone against the tide by raising salaries in order to 'boost morale'.
https://economictimes.indiatimes.com...9.cms?from=mdr
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