I believe a salary cut across all IT companies would be good. The living standard of the employess would not be affected even a bit. A huge amount of their salary which is going in paying Housing loan EMI and House rent would be reduced as the rents and property prices would automatically come down.
This would be better for people from non IT fields too. IT people will still be able to satisfy their ego as their salary would be more than others and their lifestyle remains same as rents and EMIs also come down.
RE:Salary cut across the board
by Ganesh Pai on Jan 31, 2008 06:50 PM Permalink
Man, How the EMI will come down! You are totally wrong !! What about the people who already bought the House and people who are already paying huge rent for the houses. House owner is not our uncle you see !!!
