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Layoffs: When to settle for a smaller paycheck 18 Articles

  • 1 of 18

    by Carine Nadel

    Settling for a smaller paycheck after being laid off is not necessarily the wrong move. Depending on circumstances, it might be just the ticket to financial stability. A case in point-a young couple I know were making ...read more

  • 2 of 18

    by Mona Gallagher

    Two good reasons come to mind when making a decision to settle for a smaller paycheck. The most obvious reason is that you've been unemployed for several months and your funds are exhausted. You may have little choice exce...read more

  • 3 of 18

    by Randa Morris

    Being laid off in the United States means that you are probably collecting at least a percentage of your wages through unemployment compensation. Collecting unemployment can, at times, make it worth your while to wait to...read more

  • 4 of 18

    by Bruno Somerset

    With eight consecutive months of job losses in the United States, layoffs are becoming far more common that they have been in recent memory. Even people in previously "safe" industries have found themselves having to find ...read more

  • 5 of 18

    by Rob Purifoy

    In 1985 as I graduated high school and got away from working at fast food places frying taco's. One of my first teen job's outside of fast was a a courier. It happens that shortly after beginning the job the old man that o...read more

  • 6 of 18

    by Royce Radcliffe

    There are a lot of times when employees are paid less than they think they are worth. If you have been receiving a certain level of income and your company is forced to scale back your pay a lot of issues come up. The key ...read more

  • 7 of 18

    by Toni Doswell

    Going to a yard sale one day, I got a chance to talk to a gentleman who was in his 50's. He was selling all he could sell probably to buy a few more groceries. He had been a quality management inspector and supervisor, ...read more

  • 8 of 18

    by Christopher Kendalls

    It happens to everyone, you're working for a big company and get lost in a sea of thousands of individuals on a large campus trying to find your way, or perhaps you know everyone you work with on a first name basis, either...read more

  • 9 of 18

    by Scott Heritage

    Having been laid off it is always acceptable to take a pay cut for a while, even if its only temporarily whilst you search for a more lucrative form of employment. Some people take the narrow minded view when looking for...read more

  • 10 of 18

    by Patrick Mcdowell

    It seems like more and more of the public are thinking of their "jobs" as something that can control them, something they have to do, rather than going to work because it is their passion that they are pursuing. Yes, it's ...read more

  • 11 of 18

    by Dawn B.

    In a perfect world none of us would ever have to worry about making ends meet, clothing and feeding our kids, or just surviving from week to week. Well, this isn't a perfect world. When your faced with a layoff, it can b...read more

  • 12 of 18

    by Richard Bramante

    Everyone has a set of differing life circumstances. Settling for a smaller paycheck may not only just be an adjustment in employment status but a change having an overall effect on lifestyle. Several factors need to be e...read more

  • 13 of 18

    by Me...Again

    Are you in a job you hate, but making very good money? Is there something you would really like to do, but can't, or at least think you can't, because it would mean less pay? Do you feel trapped? This is an easy one. Ca...read more

  • 14 of 18

    by Lupine

    Back in the days of the junk bond mergers, a company I was working for got taken over by a junk bond financier. Everyone knew that the junk bond financier had paid too much for the company. In order to make his payments ...read more

  • 15 of 18

    by Rockstar

    Settle.........it's the main word here. To settle is to say ok this is what i got and i should be happy with it.....Wrong. It is never ok to settle for anything it's the wrong kind of thinking. When you get a payche...read more

  • 16 of 18

    by C Davison

    Competition for good jobs in todays market is fierce, and there are many companies that are struggling financially. That said, the companies are looking to cut costs and the fastest way to do that is to lay off some of th...read more

  • 17 of 18

    by Brett Brown

    Settling for a smaller paycheck is something that anyone who gets laid off will have to deal with. The smaller income and in a lot of cases, going from a weekly to bi-weekly check, make life a little more difficult. There ...read more

  • 18 of 18

    by Justice Liberty

    When companies decide that they must start laying people off, it causes a hardship for the majority of their employees, in that many of them were struggling to pay their bills in the first place. It can be a very tough de...read more

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