Quotes About Pay cut

In January 2012, Caterpillar locked out union workers at a locomotive factory in Ontario after they rejected a pay cut of about 50 percent; the company shuttered the plant and moved production to Muncie, Ind., where workers accepted lower wages.

In 2010, I proposed that Congress take its first pay cut in 77 years, and my effort had bipartisan support. And as part of leading by example, I returned 5 percent of my paycheck every month to pay down the debt.

I make a lot of money. I can take a pay cut. All my friends are taking pay cuts that are in the unions, that are - that are farming in Alabama or whatever it is. I can surely take a pay cut, too, not cutting down my show or - or the people that work for me, I can take a pay cut.

Face your financial issues head on. Open your bills, pick up the phone, call your lender. If applicable, tell them you're struggling and explain why. If you lost your job or took a pay cut, be ready to prove it.