Pay cuts for 99% of store managers

Dublin: About 99% of store managers have taken a pay cut in 2009, with those located closest to the North suffering worst, says a survey by recruitment agency Excel Recruitment.

While 40% of store managers surveyed received a 5% pay cut, 5% of them took a salary cut of over 30%.

Managers in border stores were taking cuts of more than 30%, going from salaries of €35,000 to €22,000 in some cases.