salary cut
Definition
Noun: A reduction in the amount of money a person is paid for their work; the act of decreasing someone's salary.
Usage
A "salary cut" is a formal reduction in an employee's regular pay. It is typically implemented by an employer due to financial difficulties, economic downturns, restructuring, or as an alternative to layoffs. It refers to the action or event of the pay being reduced.
Examples
- The company avoided layoffs by implementing a temporary 10% salary cut for all executives.
- Employees were demoralized after the announcement of the salary cut.
- The salary cut was necessary to keep the business solvent during the recession.
Advanced Usage
- To take a salary cut: This phrase describes an employee's acceptance of a reduction in pay.
- The CEO agreed to take a salary cut to share in the company's financial burden.
- To impose/enforce a salary cut: This describes the action of the employer instituting the reduction.
- Management had to impose a salary cut across the entire department.
Variants and Related Words
- Pay cut: A more general synonym that can apply to hourly wages or salary.
- Wage reduction: A formal term with the same meaning.
- Salary reduction: A direct synonym, often used in official documents.
- Furlough: A temporary leave of absence without pay, which is a related concept but different from a permanent or temporary reduction in pay rate.
Synonyms
Pay cut, wage reduction, pay reduction.
Antonyms
Salary increase, pay raise, wage hike.
Related Phrases
- Cost-cutting measure: A "salary cut" is often described as one of these.
- The salary cut was part of a broader set of cost-cutting measures.
- Across-the-board cut: A reduction applied to all employees equally.
- The 5% salary cut was an across-the-board cut affecting every staff member.
Noun
-
the act of reducing a salary
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