23.05.2022, 10:06
One of the Largest Russian IT Companies has Reduced Salaries to Employees by 25%
Source: OREANDA-NEWS
OREANDA-NEWS The Russian-based international IT company Softline has cut employee salaries by 25% by the end of the year, according to Forbes. The decision was made against the backdrop of a decline in the company's income in April by about 30%.
The salary cuts were announced during an online meeting on May 16. It is noted that payments will be reduced to employees and managers. At the same time, 25% will go into a “surcharge” that the employee will receive if he fulfills the margin plan. At the same time, the margin plan in 2022 increased by about 20%. If the work of the employee does not involve the implementation of the plan, the salary will simply be reduced by 25%.
It is noted that the majority of Softline employees were engaged in the sale of Microsoft products, which suspended work in Russia in March. A Forbes source said that Microsoft's sales accounted for about 45% of Softline's revenue.
Softline's management promised to cancel the new measures "as soon as the market situation and the company's results change for the better."
The salary cuts were announced during an online meeting on May 16. It is noted that payments will be reduced to employees and managers. At the same time, 25% will go into a “surcharge” that the employee will receive if he fulfills the margin plan. At the same time, the margin plan in 2022 increased by about 20%. If the work of the employee does not involve the implementation of the plan, the salary will simply be reduced by 25%.
It is noted that the majority of Softline employees were engaged in the sale of Microsoft products, which suspended work in Russia in March. A Forbes source said that Microsoft's sales accounted for about 45% of Softline's revenue.
Softline's management promised to cancel the new measures "as soon as the market situation and the company's results change for the better."
Комментарии