Decrease in Pay

shansan

Due to financial restraints, the company executives have decided that everyone at the Director and above level will be required to take a paycut.  At one point in my studies, I remember a few states had requirements that the company notify the employee in writing 30 days prior to decreasing pay.  I can't seem to locate any reference to this issue for Texas. 

Thanks

TXHRGuy

I would be shocked if Texas had something like that in place and it would definitely be news to me.

HRforME

In Texas no notice is required, however you can not make it retroactive.

 http://www.twc.state.tx.us/news/efte/pay_agreements.html states "Under the general common law, an employer must pay an employee according to the wage agreement that was in effect when the work was performed. This general rule finds expression to one degree or another in the Fair Labor Standards Act and in almost every state wage payment statute..."