IN-29162 Jaipur India
Should companies cut the salaries for the lock down period?
Most of the companies are running since more than 25 years i.e 300 months. They are earning huge profits thats why they are running since long.
If there is lockdown of say just one or two months, owners should not pass the burden to its employees.
If an employee has capability of risk taking, he might have been an entrepreneur not an employee.
Secondly an entrepreneur can and will definitely recover its losses by increasing rates of its products or services. He has the options to cover it from Insurance Companies or he may claim Government aids in this regard. But what option an employee have?
In my opinion each and every penny on account of remuneration must be paid for lockdown period.