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Notified of 12% pay cut today :-( - what to do???


Posted: Aug 13, 2010

I just received notice that my line rate is decreasing 1 cpl.  A year and a half ago it had dropped 1 cpl also... and all as an IC.  This will hurt.  But what to do?  I will stay as it is good work, good management, I know most of the accounts.... some are buggers though..

Only 7-1/2 years until I can retire to at least part time... hope I can survive until then.  No way can I put in anymore hours than I already am.  I am hoping for an after-school babysitting job this fall.....fingers crossed. 

What company this week? - Curious

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cc

it is okay to give company name here. - n/m

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nm

Notified of 12% pay cut today :-( - what to do???

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A small company in Pennsylvania.

VERY nice owner.

NOTE: Since BOB has been in the White House I have taken a 20% pay cut ....

You're lucky. - sm

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My pay cuts started back in 2007 and BOB wasn't in the White House then. I've gone from 12 cpl to 9 cpl, and then to 4.5 cpl for VR. Since I'm not proficient in speech editing yet, I'm certainly not making double and probably won't for a while. That means more than 50% pay cut for me, and I've been dealing with these progressive cuts for 3 years now. It sounds like you're just starting to catch up. I do feel your pain.

pay cut - mnmt

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What's BOB in the White House have to do with your pay cut?

I was just going to ask the same thing - earlymusicus

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What does Obama have to do with any of this? This mess was created over the 8 years of the previous administration. I had a great job that I loved, that had great benefits and paid me $16 an hour, and that was taken away from me in 2007 by the previous administration's stupid policies that ruined the economy. The economy tanked, our company ran out of work contracts and I was laid off and things haven't picked up since. The problem is that we have a system of government that cares only about the wealthy because wealth buys power. And power is the ultimate desire of those in office and those trying to get into office.
And remember NAFTA. Bush didn't invent globalization. - No prez did. It just happened. N/M
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x
NAFTA - MYmt
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NAFTA wasn't Dubya's doing. It was the pet project of Bush the Elder, pushed trhough by Bill Clinton. It is important to remember that Clinton was not really pro-labor nor a real liberal.

Believe me, the problems have absolutely nothing to do with the prez. - Amy

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Would that it were true so we could just vote him out and go back to normal.

Probs DO have everything to do with the prez. - sm

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Companies are selling out, sizing down, squeezing more work out of fewer people, giving pay cuts, why? Because of the economy. It could have been different if the so-called stimulus had actually all gone to creating real jobs. No one knows how deep the bottom goes and the admin is doing nothing but hampering business and hurting confidence. Go back to normal by voting him out -- you got to be kidding. We'll be lucky to ever get this country back to normal. Just goes to show how much damage one man can do.
Sorry, I was speaking of the problems in MT specifically. - Amy
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It's been going on for 10 years, at least: ASR, outsourcing to India, big MTSOs gobbling up smaller ones.

Obama has been in office for less than two years. The economy went into the toilet before he got into office. You do know that, right? And, yes, he hasn't down a whole lot to change the situation, but don't give him more power than he has.
yeah, I do know that - sm
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the economy has been on a slide, and MT going downhill for years, but Mr. hope and change has booted it plumb over the cliff. As far as giving him more power, don't worry, he'll continue to take more power with each passing year; you don't have to give it. And what about that campaign promise to make it unprofitable for companies to send their work and jobs overseas? A lot of talk, lots of appeasement, but no meaningful action.

This has nothing to do with President Obama - MAmt

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Those of us who have been doing this for a while remember when there was actually a good living in it. I remember when we used to FEEL SORRY for anyone who made 11 cents a line. Now, no one makes that! During the Bush years, I saw my pay decreased by about half. Remember, it was Bush who said outsourcing was a good thing. What we are experiencing now is a continuation of a trend that started about 10 years ago.

Origins of outsourcing - pounding the keys

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the current sad state of affairs began its advent many years before either BOB or GWB (i am not a member of either of the 2 ruling parties: same policies, different voices). the article below is a short-but-sweet synopsis, albeit fraught with some degree of bias, that contains links that i found to be helpful (but also a bit biased), from which more in depth personal research can begin. Disclaimer: The personal bias in this link (or any of the links within the article at this link) is not indicative of the personal position of this poster. This is for information only.

oops not meant to be under amy - pounding the keys

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not directed at amy individually

promised link - pounding the keys

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need...more...coffee...
http://www.economyincrisis.org/content/history-outsourcing-america
Interesting article. Thanks! nm - MTPockets
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Poster below on pay cut What to do???? You are not alone-see my post above - sickandtired

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nm


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