The economy has constantly been under siege by unforeseen shifts in the world economy like recessions, pandemics and even armed conflict. As a result, companies have to introduce strict actions to keep themselves afloat, such as pay cuts, layoffs and recruitment freezes. Pay cuts entail a reduction in one’s monthly salary. The reduction percentage depends…
Tag: Paycut
Covid-19: Employees asked to Take Unpaid Leave by Companies
Recently, I came across news from both Malaysia and Singapore on employers and businesses are penalising their own employees who are issued with compulsory leave of absence or stay-home notice because they are at risk of contacting Coronavirus or Covid-19 in short.
MiddleMe 