Yes, but that only works if *everyone* takes an equally fair cut.

You have said before, Lizzie, that sums are not your strong point so I will point the obvious. You said earlier that if the bosses took a cut from £500000 to £400000 and worker went down from £15000 to £12000 it would not be fair. So far so good? Well, £100000 is 20% of £500000 so the bosses, in your scenario, have taken a 20% cut. £3000 also happend to be 20% of £15000 so the workers have taken a 20% cut as well. From your comment above that is perfectly fair yet earlier you say it is not. Which is it?

Cheers

DeG

BTW - I took a 15% cut last March and had to take a week unpaid in April. But I am an independant contractor and the managing director of my own company so I fall in the camp of scummy boos and downtrodden worker all in one!