pay reduction
Smaller earnings now
A pay reduction is a decrease in wages or salary, whether through direct cuts, reduced hours, or demotion to a lower-paying position.
The term often appears in employment negotiations and economic downturns: Employees accepted a temporary pay reduction to avoid layoffs.
Also called a pay cut.
- salary cutReduction in compensation
- pay freezeSalaries kept unchanged
- demotionReduction in status
- take home payEarnings after all deductions
- living wageIncome covering necessities
downgrade · austerity · belt-tightening · cost of living · furlough · layoff · recession · rough patch · struggling · bills · mortgage · making ends meet · cutback · setback · humiliation · resentment · salary negotiation · negotiation
- disciplinary actionsreprimand, warning, suspension, demotion, firing
- pay changesraise, pay raise, pay cut, wage increase, salary bump
pay reductionpay raise
Higher compensation rate
raise · salary increase · wage increase · pay bump · cost-of-living adjustment
pay reductionpromotion
Rank increase or publicity
bonus · windfall · severance package · profit sharing · stock options
reduction, paying, payable, payment, payments, payer, payee, repaid, repayment