A 20% pay cut means your employer expects you to do the job for considerably less money. Before handing over a resignation letter, though, figure out what the cut costs, why it happened, and whether your employer deserves another year of your working life.
The math gets ugly fast. Someone earning $75,000 annually would lose $15,000 in gross pay, dropping to $60,000. That’s $1,250 less per month before taxes, retirement contributions, and other payroll deductions enter the picture.
