How to Draft a Salary Reduction Letter and Understand Its Legal Implications?

Hi! Can anyone provide me a draft letter for employee salary reduction? In the current economy crisis, my company has decided to reduce the basic salary by 15%. Also, please let me know if we can legally reduce the basic salary of an employee.

Thanks,
Anurag

You need to communicate this to the employees and also allow HR to have a one-on-one meeting with the individual to inform them of the new reduced salary. Then, issue a salary restructuring letter, provide a copy to the employee, and obtain a signed copy from them.

Hi! Can anyone provide me a draft letter for an employee salary reduction? In the current economy crisis, my company has decided to reduce the basic salary by 15%. Also, please let me know if we can legally reduce the basic salary of an employee.

Thank you,
Sush