Perhaps a better way for the company to implement a temporary pay cut would to introduce a compensation scheme on salary sacrificing rewarded with Cathay Pacific share allocation. For example, for every HK$9 (being current share price) of pay reduction one CX share is allocated. These shares do not fully vest for three years or normal retirement, whichever comes first. If you leave before the three years you get zero. This keeps us all "in the game" and on side.