Originally Posted by
Irish Cream
If a business cannot afford to pay people the wages at 100% market rate then it does not deserve to be a business at all
What is the "market rate" for flight crew when Airlines are sacking people or going bust ?
If there are lots of people available then market rate drops so therefore should a business just drop everybody's pay to follow suit ?
It is easy to state nobody should take a pay cut in order for a business to survive and quote market rate. What people mean by that is you can never cut pay, when you start quoting market rates you have to accept pay cuts as well as pay increases. This is how market works.