write a memorandum to be disseminated to all staff notifying about the cut salary, reduction of...

write a memorandum to be disseminated to all staff notifying about the cut salary, reduction of fixed monthly allowances and unpaid leave due to the covid-19 pandemic. what is the reason and solutions to help those affected staff.

Expert Solution

Date – 20-10-2020

Memorandum

Company name –

Company Address –

City –

Zip Code-

Notification - Cut salary, Reduction of fixed monthly allowances and Unpaid leave due to the covid-19 pandemic.

Dear All Employees,

As Per Discussion in Meeting with senior Management Due to Covid–19 Pandemic Our Company Experiencing Significant Downturn in business globally., Which direct impact on Company Profit, Company Facing Financial issue for daily Operations and also Company do not have sufficient fund for Employees beneficiaries,

In response of this Company Senior Management decide to Cut salary, Reduction of fixed monthly allowances and Unpaid leave of employees, in this critical condition for company Due to Covid-19 Pandemic, In Future Company may be in Risk and chances of Layoffs employees, To avoid this Layoffs of Loyal employees who are part of company from long time, its better to Now Cut salary, Reduction of fixed monthly allowances and Unpaid leave of employees to avoid Future loss of employees.

All employee have to Co-operate and Accept decision of company management and support to company in Critical condition. When situation is clear and sustain for company, then company Definitely think better for employees

Thanks & Regards,

Senior Management

Rahul Sunny answered 2 years ago

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