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View Diary: More than half of Americans took job hit in recession (142 comments)

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  •  A couple of milder effects, not counted in poll (5+ / 0-)

    The poll reports "pay cut", but not "pay freeze", and also "Had to take unpaid leave", but not "Had to take unused vacation".

    Admittedly, a pay freeze is not as bad as a pay cut or losing your job, but I'll bet if you included the freezes as well as the cuts, the fraction of people affected by the recession would be close to 100%.

    The invasion of Iraq was a war crime, a crime against humanity, and a crime against civilization. Prosecute the crime.

    by Positronicus on Wed Jun 30, 2010 at 05:40:07 PM PDT

    •  Also- 'hidden pay cuts' (8+ / 0-)

      For example- my old company went from 4% 401k matching to 0%. My current company that bought us out, went from having a ESPP program (ie. guaranteed 15% profit on company stock purchase) to not having one. And the health care cost for the employee has gone up (most likely because the employer 's contribution has been scaled back). So while I haven't had a 'pay cut' in my paycheck, I have certainly experienced a benefits cut, which to the employer, is just a hidden way of cutting your pay.

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