Financial Advisory Blog

Armanino’s Financial Advisory blog is your source for thought leadership around cloud ERP and accounting solutions and integrations. Supported by the Cloud Accounting Institute and numerous experts in cloud, finance, reporting, integration, compliance, and technology, Armanino’s Financial Advisory blog features must-read content on what’s happening in the finance industry, case studies, white papers, and much more.

July 23, 2020

If I cut people’s pay by less than 25%, does that count as a wage reduction?

Posted by Armanino Financial Advisory Team

Only salary and hourly wage reductions that were greater than 25% need to be calculated for purposes of the Salary Reduction Factor.

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