math and such wrote:
Wouldn't they do reductions applied to the new base compensation after one reduction?
So $125,00 * .5= $62,500,
Then $62,500 * .75 = $46,875
Finally $46,875 * .8 = $37,500
And $37,500 having to pay your own health insurance, having to pay the employers part of Social Security, and suddenly your into the minimum wage pay range. And there are more finallys involved. You could end up below the poverty line.