Temporary pay cuts in government?
I was gainfully employed by a reputable international company for 27 years. During that time I received three pay cuts and several raises. The pay cuts resulted from falling about 2 to 3 percent behind the company's budgeted yearly business plan. Hence everybody got an equitable 2 to 3 percent pay cut; nobody lost their job or got laid off. These cuts remained until by increased revenues and/or expense controls put the company back on the projected budgeted yearly plan.
Not so surprising a combination of Esprit de Corps and PYA backside insurance resulted in everybody working efficiently, harder and smarter until we got back on plan and restored the previous pay levels usually in about two to three months.
Perhaps this type of incentive in all types of government bodies would also be effective; and the words layoffs, furloughs, cuts, etc. would be unneeded?
- Share Facebook Twitter
Article sent to (required)E-mail
Article sent from (required)E-mail Name
Subject Line (article title)
Message (optional)Success - Article sent Click to close
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.Need more information about reprints? Visit our Reprints Section for more details.
Contact information ( * required )Name * Company Telephone * E-mail *
Article InformationTitle URL
Message (optional)Success - Reprint request sent Click to close