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Old 03-25-2020, 02:57 PM   #1
catslayer
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Default Well it has started...

Got the call today that we are pre-emptivley all taking a 25% pay cut starting April 1 so that we can avoid layoffs.

That said I've actually heard that there were quiet small cuts already.

I've got some tenor but am technically a contactor... Sooo we will see how things go.

Of anybody needs brush cut or dogs trained I wouldn't mind the side gig for a bit.... We are good for a while... But I'd rather pre-empt problems too


For the guys who are feeling it now... Praying for you
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Old 03-25-2020, 03:06 PM   #2
Bayouboy
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Where are you located?
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Old 03-25-2020, 03:07 PM   #3
mpotts
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Amen
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Old 03-25-2020, 06:04 PM   #4
mikemorvan
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Got home a little while ago to have the wife tell me that all remaining people at her company took a 25% pay cut today. Better than somewhere between 26% and 100% pay cut. Good times. Keep the Faith.
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Old 03-25-2020, 06:30 PM   #5
Acameron52
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Still got a job though!
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Old 03-25-2020, 09:04 PM   #6
TTUgrad08
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Hard times don’t last, tough people do

Hang in there!
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Old 03-25-2020, 09:15 PM   #7
hooligan
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Hope it’s a short run

Got the call last week from my boss that I was getting a cut but was happy it wasn’t a pink slip. Told my wife it’s a good time to start getting creative and cleaning out the pantry and the deep freeze!
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Old 03-25-2020, 09:55 PM   #8
GarGuy
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Quote:
Originally Posted by hooligan View Post
Hope itís a short run

Got the call last week from my boss that I was getting a cut but was happy it wasnít a pink slip. Told my wife itís a good time to start getting creative and cleaning out the pantry and the deep freeze!
If you get a pink slip you can draw 39 weeks of full pay unemployment.

People gonna be begging for pink slips next week.
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Old 03-25-2020, 09:56 PM   #9
trozy55
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All we can do is hang in there and keep the faith. I know it may sound crazy but in a way we are all in this togeather!
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Old 03-25-2020, 10:06 PM   #10
Stoof
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Iím getting cut to 25 hrs a week starting Monday and have been working from home for two weeks. Wifeís a nurse so a whole lot of stability there.
Iím being optimistic and trying new routines with my kids during the day and am working on keeping them engaged.

Stay strong and keep your chin up!
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Old 03-25-2020, 10:34 PM   #11
Black Ice
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Default Well it has started...

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Originally Posted by GarGuy View Post
If you get a pink slip you can draw 39 weeks of full pay unemployment.

People gonna be begging for pink slips next week.

Is that full pay for hourly employees? Iím in sales and my base pay is about 25% of what I earn per year. At some point Iím thinking our sales force has to be cut if this thing prolongs.


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Old 03-25-2020, 10:37 PM   #12
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Quote:
Originally Posted by GarGuy View Post
If you get a pink slip you can draw 39 weeks of full pay unemployment.

People gonna be begging for pink slips next week.
I thought benefits were capped? Donít think you get full pay unless this is part of the package they just passed?
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Old 03-26-2020, 12:16 AM   #13
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I am making a huge change in my career hopefully in the next six months.. Getting all the applications in tomorrow.. Wish me luck.
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Old 03-26-2020, 12:30 AM   #14
scoutman
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Such BS

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Old 03-26-2020, 06:01 AM   #15
denimdeerslayer
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My company say, per news paper, 30% reduction in force coming and pay reductions. Waiting to see what happens now. Such a weird time we have going on right now. I know there is going to be a lot of this going on now. Good luck folks. At least none of us should go hungry.


And guys dont think that unemployment check is going to go far or pay for much. It will buy groceries.

Last edited by denimdeerslayer; 03-26-2020 at 06:04 AM.
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Old 03-26-2020, 07:10 AM   #16
Snowflake Killa
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Hang in there guys Praying for y'all

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Old 03-26-2020, 07:13 AM   #17
Kurtproy
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Default BS?

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Originally Posted by scoutman View Post
Such BS

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BS? Iíd like to hear why you think that.

Had a business mentor explain it like this to me. If a business owner doesnít make smart decisions now to make it through to the other side of all this, then 0% of that company will have a job later. Running a business and making these decisions is hard. But if selfishness subsides for the time being, a company just might make it. Itís unfortunate but desperate times call for desperate measures. I donít see it as BS, I see it as an owner doing what he can to stay afloat. Itís either that or get released and while I know unemploymentís exists, I would hope staying on staff receiving 75% of your pay would be viewed as a better option than unemployment, that is if youíre a team player not looking for a handout. Oh and who knows, the owner may be taking a 50% cut so he can keep providing 75% to all their employees.....
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Old 03-26-2020, 07:16 AM   #18
bowhuntertex
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For those already getting pay cuts, what kind of business are you in? As of right now commercial construction seems to be unchanged for the most part. Although Austin is putting a damper on a lot of jobsites.
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Old 03-26-2020, 07:29 AM   #19
be12hunt
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Hang in there, hopefully this will pass soon and business can return back to normal.
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Old 03-26-2020, 07:34 AM   #20
KactusKiller
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With those of you that have taken a pay reduction was there a timeline given as to when your pay will return to 100%, or will it?
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Old 03-26-2020, 07:34 AM   #21
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Sure hate that guys, hope people who need help wonít hesitate to ask for help from people on here...
hang in there
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Old 03-26-2020, 07:34 AM   #22
kyle1974
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Quote:
Originally Posted by GarGuy View Post
If you get a pink slip you can draw 39 weeks of full pay unemployment.

People gonna be begging for pink slips next week.

Full/max unemployment is about $440 a week.
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Old 03-26-2020, 07:43 AM   #23
tdwinklr
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Quote:
Originally Posted by denimdeerslayer View Post
My company say, per news paper, 30% reduction in force coming and pay reductions. Waiting to see what happens now. Such a weird time we have going on right now. I know there is going to be a lot of this going on now. Good luck folks. At least none of us should go hungry.


And guys dont think that unemployment check is going to go far or pay for much. It will buy groceries.
Very true, no one gets full pay on unemployment. And you don't get that first check immediately either.
Has anyone heard if they're going to modify the requirements, for instance, so many job searches per week? They can't really expect that in this predicament.

Last edited by tdwinklr; 03-26-2020 at 07:44 AM. Reason: sp
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Old 03-26-2020, 07:55 AM   #24
bows08
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Quote:
Originally Posted by bowhuntertex View Post
For those already getting pay cuts, what kind of business are you in? As of right now commercial construction seems to be unchanged for the most part. Although Austin is putting a damper on a lot of jobsites.
I guess it depends on the type. This is my gig and we are extremely affected and more than likely closing shop. We did mostly fitness facilities and theaters. Well guess what, those are closed for the foreseeable future. One fitness facility for example owes us multiple millions on current and past projects that we have been told that there isn't any timeline on funding and we are believing that the COVID is a "way out" and they appear to be filing. We had several theater projects just fixing to kick off and those have been shelved for the foreseeable future. I will be one of the ones more than likely receiving a 100% cut today or tomorrow...
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Old 03-26-2020, 07:59 AM   #25
bowhuntertex
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Originally Posted by bows08 View Post
I guess it depends on the type. This is my gig and we are extremely affected and more than likely closing shop. We did mostly fitness facilities and theaters. Well guess what, those are closed for the foreseeable future. One fitness facility for example owes us multiple millions on current and past projects that we have been told that there isn't any timeline on funding and we are believing that the COVID is a "way out" and they appear to be filing. We had several theater projects just fixing to kick off and those have been shelved for the foreseeable future. I will be one of the ones more than likely receiving a 100% cut today or tomorrow...
Dang man, hate to hear that. I do expect that to become an issue all the way around in construction if this continues very long.
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Old 03-26-2020, 08:03 AM   #26
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For the OP, what kind of dog training do you do and where?
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Old 03-26-2020, 08:04 AM   #27
7sdad
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Quote:
Originally Posted by catslayer View Post
Got the call today that we are pre-emptivley all taking a 25% pay cut starting April 1 so that we can avoid layoffs.

That said I've actually heard that there were quiet small cuts already.

I've got some tenor but am technically a contactor... Sooo we will see how things go.

Of anybody needs brush cut or dogs trained I wouldn't mind the side gig for a bit.... We are good for a while... But I'd rather pre-empt problems too


For the guys who are feeling it now... Praying for you
Where are you located?
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Old 03-26-2020, 08:07 AM   #28
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Quote:
Originally Posted by bowhuntertex View Post
For those already getting pay cuts, what kind of business are you in? As of right now commercial construction seems to be unchanged for the most part. Although Austin is putting a damper on a lot of jobsites.
We had a company conference call yesterday evening, and based on insight regarding further clarification from the city, all non-critical job sites will be shut down. They have actually already started shutting sites down in person.

Thankfully for me, I specialize in healthcare construction, which my current project at Dell Children's is considered critical and allowed to stay open. I have a feeling Im about to have all the manpower I need.
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Old 03-26-2020, 08:11 AM   #29
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Quote:
Originally Posted by tdwinklr View Post
Very true, no one gets full pay on unemployment. And you don't get that first check immediately either.
Has anyone heard if they're going to modify the requirements, for instance, so many job searches per week? They can't really expect that in this predicament.
I just signed up for unemployment benefits online this morning, and it looks like they've waived the one week waiting period to begin receiving funds. It also appears that the minimum number of req'd job searches has been suspended for an unspecified amount of time. That makes sense, since no one's going to be hiring anyone anytime soon anyway.
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Old 03-26-2020, 08:15 AM   #30
hooligan
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Quote:
Originally Posted by GarGuy View Post
If you get a pink slip you can draw 39 weeks of full pay unemployment.

People gonna be begging for pink slips next week.
My base is only about 40% of my total comp so don't know how that works. My pay cut was more to offset and be able to keep some of our warehouse guys on longer and a couple branches that are struggling going. I'd rather take a cut and keep some people on the payroll than people completely losing their jobs. It's a tough time for everyone and hope the recovery is strong
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Old 03-26-2020, 08:21 AM   #31
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Quote:
Originally Posted by kyle1974 View Post
Full/max unemployment is about $440 a week.
The way I understand it, the stimulus bill when passed will add $600 to this amount so most of the people will get a pretty good weekly check.
Will be a raise to not work for some.
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Old 03-26-2020, 10:19 AM   #32
kyle1974
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Originally Posted by bownutone View Post
The way I understand it, the stimulus bill when passed will add $600 to this amount so most of the people will get a pretty good weekly check.
Will be a raise to not work for some.
ok, I hadn't seen that. It wouldn't be the worst thing to increase the amount. Unemployment is an insurance program that people/employers pay into. when you're told you can claim on insurance, and it's about 1/5th of your salary, it's not exactly helpful.
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Old 03-26-2020, 10:39 AM   #33
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For the OP, what kind of dog training do you do and where?
I asked earlier and no reply. I am also interested.
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Old 03-26-2020, 11:41 AM   #34
GarGuy
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Originally Posted by bownutone View Post
The way I understand it, the stimulus bill when passed will add $600 to this amount so most of the people will get a pretty good weekly check.
Will be a raise to not work for some.
Yeah that's the way I understand it.
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Old 03-26-2020, 12:04 PM   #35
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My nephew works for OXY in Houston and they've been told a 30% across-the-board pay cut is coming April 1st. The company my son works for is whacking salaries by 15-25% depending on your income. I think this strategy implies that they think the business slump will be relatively short-lived. If they can survive by cutting payroll while still keeping talent in-house they won't have to staff-up all over again when things settle down. It stinks but what can you do? Most will have to suck it up and figure out how to make it on reduced pay - no jobs available and most have to have the medical benefits
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Old 03-26-2020, 12:10 PM   #36
MarkV
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Originally Posted by JTeLarkin08 View Post
I am making a huge change in my career hopefully in the next six months.. Getting all the applications in tomorrow.. Wish me luck.
Good luck. What are you switching too?
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Old 03-26-2020, 12:20 PM   #37
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Originally Posted by MarkV View Post
Good luck. What are you switching too?


I am going to become a lineman. I have a bunch of buddies that have been doing it since college and they all love it. 15 week school and 80%+ of the graduates have a job when they graduate. Steady work that will always be needed. No matter what happens. Sent my application in this morning for the school that starts in May. Kinda stinks I wonít be using my fancy A&M degree but oh well lol.


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Old 03-26-2020, 02:54 PM   #38
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Originally Posted by GarGuy View Post
If you get a pink slip you can draw 39 weeks of full pay unemployment.

People gonna be begging for pink slips next week.
I've only been on unemployment one time in my life and that was 30 years ago. Sure wasn't full pay though.
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Old 03-26-2020, 03:25 PM   #39
MarkV
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Quote:
Originally Posted by JTeLarkin08 View Post
I am going to become a lineman. I have a bunch of buddies that have been doing it since college and they all love it. 15 week school and 80%+ of the graduates have a job when they graduate. Steady work that will always be needed. No matter what happens. Sent my application in this morning for the school that starts in May. Kinda stinks I wonít be using my fancy A&M degree but oh well lol.


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Nice. My wife's cousin is one. He loves it
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Old 03-26-2020, 06:00 PM   #40
eradicator
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So you can make equivalent to $50k a year for being unemployed? Unreal.
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Old 03-26-2020, 08:01 PM   #41
No-Tox
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CEO of Texas Roadhouse voluntarily gave up his base salary and bonus for the rest of the year to help his hourly employees.
Helps that he made $8.1 mil two years ago.
Still not too many CEOs are going to give up their money to make sure their hourly employees make it through this time.
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