Don't Make a Hasty Move After a Temporary Pay Cut
I've been working for my current employer for about seven years. I've been promoted along the way and earned small salary increases. Because the economy is troubled, my superior has told me that we'll need to take a 5% to 10% pay decrease for the next 12 months. I'm not happy about this, but don't know how to counter his argument since the bottom line is falling revenues. What should I do?