Legal Question in Employment Law in Florida
Wages
My company currently pays management on a 90/10 basis. 90 percent salary 10% bonus. Now they want to change it to 60/40 and cut our salaries 30%! Is this legal?
Asked on 3/14/08, 6:06 pm
1 Answer from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
Re: Wages
Yes. Unless you have a contract to the contrary (like an employment agreement that sets your salary for a particular period of time), they are free to change compensaton.
Answered on 3/14/08, 9:21 pm