Legal Question in Employment Law in New Jersey
Unjustified salary reduction
The company I work for has decided
to reduce everyones salary by 7.5%.
They gave us an ''Industry'' overview
to justify the reduction when usually
we get detailed facts and figures that
are company specific.
Now they attached a letter to our
paychecks that says '' This letter
confirms our discussion and
agreement that you will accept a
7.5% percent reduction in your
compensation, whether minimum
guarantees, basic salary, commission
or draw for period beginning March 1,
2009. This reduction will be reviewed
by management on a regular basis.''
Then at the bottom it states ''* All
employees MUST sign and return this
document to the Human Resources
Department by March 6th, 2009''
Can they do this? There was no
discussion and we are not being
given any terms or timeframes on
when and if our salaries will be
brought back? There are numerous
people who are at a loss of what to
do.
We don't want to lose our jobs but
believe that the company is just
using the economy to put more cash
in their pockets.
Our 2008 sales were $98 million
dollars and we are as busy as ever
now.
Any help would be appreciated.
1 Answer from Attorneys
Re: Unjustified salary reduction
My advice if for you to make an appointment with an employment law attorney. An attorney needs to interpret this agreement for you and explain the law to you.