Phew, it was a real roller coaster ride at Bryan Cave Leighton Paisner.
COVID-19 has turned the world upside down, but has been particularly volatile in Bryan Cave. First, they assured their employees that the company could do without any salary cuts, vacations or layoffs for employees. But then they did exactly the opposite: they cut the salaries of all employees who made over $ 40,000 by 15 percent, laid off employees and employees, and even closed an office. Then it appears to be turning around for the company when BCLP reduced its wage cuts to 7.5 percent and then backtracked those pay cuts entirely.
Now the company has announced additional payments (in the next workable compensation period) equal to the amount in which employees' salaries have been docked. This is a great way to signal the end of the COVID austerity measures. The company's full announcement is on the next page.
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Kathryn Rubino is Senior Editor at Above the Law and host of The Jabot podcast. AtL tipsters are the best so please connect with her. Feel free to email her tips, questions, or comments and follow her on Twitter (@ Kathryn1).