Have you taken a pay cut/reduced hours?

Kill Joy on 28/05/2020 - 08:51
Last edited 28/05/2020 - 10:56 by 2 other users

I keep hearing conflicting stores. While a lot of tech/white collar people I know have taken almost universally 25% pay cuts (and some reduced hours), I'm hearing many other friends are actually much better off due to JB/Centrelink payments. And among all this additional government support/spending, stocks are still rising. I'd like to gauge how much of our working OzBargainers are being supported by the government or stiffed by the economy to understand how this recession is working for people.

I myself am on both sides of the coin. I have received a pay cut, but my partners ausStudy (or whatever its called) has doubled, offsetting my cut.

edit: attempt to add new polling options

Poll Options

• 46
  Neither
• 11
  Pay rise (due to JK or other centerlink payment increases)
• 10
  Pay cut more than 10%
• 5
  Pay cut less than 10%
• 5
  Reduced hours
• 4
  Pay rise (e.g. CPI, Performance increase, etc.)
• 3
  Both

• 

  GG57 on 28/05/2020 - 09:11

  +6

  Your poll does not include options for 'No pay cut' or for 'Pay increase (e.g. CPI, Performance increase, etc.)

  • 

    jimbobaus on 28/05/2020 - 09:27

    +1

    agreed, i got a Performance based pay rise recently

    • 

      Kill Joy on 28/05/2020 - 09:41

      Interesting. Was this just before covid, or during? I imagine you've done really well to get a payrise in these times of completely stagnant wages.

      Or possibly you were well overdue for the raise, say a couple years into your industry but still on a graduate salary? No offence implied at all.

      • 

        jimbobaus on 28/05/2020 - 09:43

        +3

        only been in the job a relatively short time
        the pay rise was in the bosses words to show they value me as part of the team and that i had shown i was worth more than the rate i was hired on
        our industry seems to have bucked the trend, sales have been as good if not better than pre covid

        • 

          Kill Joy on 28/05/2020 - 09:47

          +1

          @jimbobaus: That's pretty great of your boss. They could have cited many reasons not to give you a raise, so they must really value your contribution.

    • 

      GG57 on 28/05/2020 - 09:50

      +2

      As did I, thus my comment re the additional poll options.

  • 

    Kill Joy on 28/05/2020 - 09:38

    Can't change the poll now :/ IF any mod reads this, can they update the poll to include:

    • Neither
    • Pay rise (e.g. CPI, Performance increase, etc.)

    edit: I've reported it to mods to maybe add those options.\

    Mod: Poll updated

    • 

      GG57 on 28/05/2020 - 09:51

      +2

      Don't worry too much; Newscorp run their polls with a bias and no-one seems to mind

  • 

    Kill Joy on 28/05/2020 - 10:58

    Poll fixed thanks to mods! Feel free to cast your vote.

• 

  onetwothreefour on 28/05/2020 - 10:19

  +4

  Haven't received a pay cut or reduced hours but no salary review or bonus this year. Other than that my finances are pretty much the same as they were a few months ago if not slightly better for not having to spend $50 a week on public transport.

  • 

    dust on 28/05/2020 - 11:24

    +3

    if not slightly better for not having to spend $50 a week on public transport.

    Not to mention the savings from not eating/drinking out.

    • 

      onetwothreefour on 28/05/2020 - 11:33

      +1

      I bring my own lunch everyday.

      • 

        dust on 28/05/2020 - 11:45

        +1

        Good on you! That's the OzBargain way!

• 

  DingoBilly on 28/05/2020 - 11:08

  +1

  No change in hours/pay, except that WFH obviously has a bit more leeway in terms of not having to be strictly at your desk 8 hours a day, so realistically working less hours (socialising less at work to compensate to be fair)/less hours for transport etc.

• 

  AdosHouse on 28/05/2020 - 11:37

  Big arse pay cut because I'm stood down and not eligible for JobKeeper, so I'm working at Woolworths and can be topped up by JobSeeker if I don't earn enough.

• 

  [Deactivated] on 28/05/2020 - 12:17

  The missus took a 20% voluntary pay cut so that no one in her team would have to be stood down. 'Voluntary' as in it was her idea.

  No change in my pay per se , although I am getting a bonus based on my 360 performance review next month.Technically, the bonus is mine but I will be sharing it with my team.

  June was also when I was due to hang up my figurative lab-coat and go back to uni. My employer was betting on finding someone suitable to take over part of my duties via the Global Talent migration program but this can't happen with the borders being closed. Plus, those they did approach weren't exactly enthused about moving to Australia.From what I gathered , they have cited Australia's perception as a racist country and its blatant disregard for the human rights of temporary migrants, refugees and indigenous Australians.The general sentiment was that they preferred to stay and help rebuild the country that sheltered them during the pandemic rather than come here to be treated as cash cows by a "ruthless" leader who showed complete disregard for the plight of temporary migrants during this difficult time. It doesn't help either when you have someone like the admirable Jacinda Ardern being used as a foil to our Scotty from Marketing.

  So , anyway, I'm still going to be working in a part-time capacity for the foreseeable future ( and getting paid) , even though I'll be studying full-time.I will also officially become a father to 4 kids soon. I may have 99 problems come July but money won't be one. Sleep will be though but sleep is probably over-rated anyway, right ? :/

  • 

    [Deactivated] on 28/05/2020 - 18:20

    *banking on , not betting

    Sorry, it would appear than my phone hates me. It changed "Puppy" to another P-word earlier :(

  • 

    Kill Joy on 29/05/2020 - 12:04

    That is certainly a story to tell. Glad you're secure during this time.

• 

  TimeAndMoney on 28/05/2020 - 12:42

  Reduced hours due to reduced demand, which in turn means less pay. Overall, going to ride out the difficult economic times ahead. Business will hopefully pick up later this year