Aon to cut pay 20% for most employees – Crain’s

One of Chicago’s big corporate employers is moving to cut most employees’ salaries by 20 percent. Aon, based in London but employing about 5,000 in the Chicago area, announced the temporary pay cut today as a maneuver to “preserve operational flexibility.” CEO Greg Case and other top executives announced they would be taking 50 percent cuts in salary at the same time.

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Rick
3 years ago

Navistar cut too depending on your employee level, similar amount. But the agreement is that we will be reimbursed with 6% interest after things go back to normal. 6% ain’t bad.

Yoz
3 years ago

Corporate America doing what it can to stay in business and keep people employed, meanwhile Pritzker embraces raises for public workers.

Actuary1058
3 years ago
Reply to  Yoz

Aon employee here. Public sector workers are our feudal lords and we are their serfs.

debtsor
3 years ago

This won’t be good for the ‘Unfair Tax’.

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