Carian mengenai topik pay-cut

Technology giant Apple is cutting chief executive Tim Cook's compensation by more than 40 pct, citing investor guidance and a request from Cook himself to adjust his pay.

The new Cabinet has agreed to cut the monthly salary of ministers by 20 per cent, said Prime Minister Datuk Seri Anwar Ibrahim.

The RCN said its members have faced a decade of real-terms pay cuts and that the ballot over the last four weeks was the biggest in history.

The national wage policy does not allow cuts in salary or allowances for employees working from home (WFH), said Human Resources Minister Datuk Seri M Saravanan.

Google employees based in the same office before the pandemic could see different changes in pay if they switch to WFH permanently.

Employees who move to cheaper locations to work permanently from home are also likely to have more limited career prospects.

Solomon will get a $10 million pay cut for the banks involvement in the 1MDB scandal. Goldman Sachs called its involvement in the scandal an "institutional failure".

Among the highlight at Dewan Rakyat today is Tun M's proposal for a pay cut for lawmakers.

Tun M said there were expenses that could be temporarily delayed, or used for COVID-19, in an effort to address the economic downturn.

The carrier on Wednesday announced plans to cut 5,900 jobs to help it weather the pandemic, including nearly all of the positions at its regional airline Cathay Dragon, which it has shut down.

However, it is mulling a pay cut in light of the continued challenging market conditions for the industry, its president and group chief executive officer Tengku Muhammad Taufik Tengku Aziz said.

800,000 workers who lost their jobs until April this year and thousands more who were forced to take deep pay cuts or go on unpaid leave by their employers.

Hotel workers are the worst affected by the COVID-19 pandemic, with some forced to go on leave, take unpaid leave or pay cut, and there are those who were laid off.

MTUC secretary-general J. Solomon said the government should come up with a comprehensive plan to protect workers from being retrenched or have their pay cut by irresponsible employers.

1,443 workers had been laid off, while another 180 had voluntarily quit their employment, 2,864 were temporarily laid off and 11,110 workers accepted pay cuts.

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