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Layoffs & Reduction of staff ( Return Clerks ) At 43rd St Building NYC
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<blockquote data-quote="RoyalFlush" data-source="post: 710998" data-attributes="member: 27311"><p>Their base salary remains the same until January. If it is above the pay grade for their demoted level, their base pay is reduced to the new position level. The MIP, stock options and other percs are immediately reduced to the lower level position. There is a big difference in the overall compensation of division manager compared to a center manager level position.</p></blockquote><p></p>
[QUOTE="RoyalFlush, post: 710998, member: 27311"] Their base salary remains the same until January. If it is above the pay grade for their demoted level, their base pay is reduced to the new position level. The MIP, stock options and other percs are immediately reduced to the lower level position. There is a big difference in the overall compensation of division manager compared to a center manager level position. [/QUOTE]
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Layoffs & Reduction of staff ( Return Clerks ) At 43rd St Building NYC
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