Accept or Decline

Due to Malaysia labour law, the company requires our consent to its pay cut plan.

Accept to consent to the pay cut for the rest of 2023, to take one for the company, in the hope that the situation will become better and we will be rewarded for our sacrifice.

Decline to keep the base pay, headcount reduction will be necessary as the management puts it, so either be prepared to potentially be laid off, or have confidence oneself is indispensable.

There is no guarantee the situation will become better, the pay cut plan may not be enough and headcount reduction may still happen if things got worse.

Pay increment doesn't come easily, so a pay reduction is a big deal, it's like rolling back some hard earned increments.

To invest in the company, or to invest in oneself?

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