How to Handle a Pay Cut

I know that I’m starting to sound like a broken record, but in name of keeping our readers up to speed on relevant topics in the job world, I’ll touch on the topic again – the economy.

Whether you’ve experienced this yourself or the idea is such a real possibility that you find yourself having night terrors because of it, a pay cut can be a major bummer to say the least.

So what do you do when your boss approaches you and lets you know that you have a pay cut coming? This article gives you some practical advice, and I’ll lay out the basics here for you.

1. Don’t accept anything right away.
2. Take the time to get the facts – talk to your boss, your boss’s boss, etc...
3. Negotiate
4. And if none of this works for you, consider looking for a new job.