Salary Cut (Noun)
Meaning
The act of reducing a salary.
Classification
Nouns denoting acts or actions.
Examples
- The financial struggles of the company led to a salary cut for all employees.
- As a result of the economic downturn, the organization decided to impose a salary cut on its entire workforce.
- In order to balance the budget, several high-ranking officials took a voluntary salary cut.
- The recent salary cut had a significant impact on the employees' overall morale and motivation.
- Due to declining revenues, the firm was forced to implement a mandatory salary cut for its top managers.