pay cut

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English

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Noun

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pay cut (plural pay cuts)

  1. (business, finance) A reduction in salary or wages.
    • 2022 January 12, Sir Michael Holden, “Reform of the workforce or death by a thousand cuts?”, in RAIL, number 948, page 25:
      I'm not suggesting across-the-board pay cuts (even I'm not that extremist), but I am suggesting that a three-year pay freeze for all staff above the living wage level should be considered.

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