FCA to defer 20% of salaried workers' pay; Manley to take 50% cut

FCA to defer 20% of salaried workers' pay; Manley to take 50% cut

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Most salaried employees globally will have to give up 20 percent of their pay for three months but will get the money later, according to a letter from CEO Mike Manley, who will have his salary cut by half. Nineteen other top execs will take a 30 percent hit.

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