{ "media_type": "text", "post_content": "Had a pay cut unfortunately for the rest of the year...no layoffs yet. Which other agencies are cutting pay?", "post_id": "5e999efb6b8a830028752157", "reply_count": 23, "vote_count": 7, "bowl_id": "5565cfca8b2b9a03009acf57", "bowl_name": "Advertising" }

Had a pay cut unfortunately for the rest of the year...no layoffs yet. Which other agencies are cutting pay?

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Rest of the year?! What %?

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Was it until dec?

For the rest of the year? 😩 They told us they’d reevaluate month to month. But hearing this doesn’t give me too much confidence. What was the percentage?

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Yeah seems a bit presumptive and self serving to extend it straight to dec so soon.

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20% pay cut until the end of the year, and moving us to a 4 day work week as a result. Last week was the first it went into effect and there was no respect for 4 days at all, with team and client meetings scheduled and an expectation those on 4 day weeks should be available. 🤷‍♂️

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What agency?

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What level of seniority are you?

Director (non-VP)

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Which office are you at?

Did they say you would go back to your original salary Jan 1?

Shady

Heard it is mostly affecting very senior folks at around 20%. Most SVP and under seem unaffected. I have heard Grey and Publicis...not sure of others...

10% for everyone. 90 days.

“At least” 90 days....ugh

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Nothing I’ve seen at Havas. However I’m on the pharma side and busier than ever through all this with every client panicking, so different circumstances

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