Those Working From Home May Have Salary Slashed

A number of businesses surveyed say they're looking at reducing wages for those working at home.

One in five companies in Europe are looking at reducing the wages of staff who work from home.

A recent study by budgeting app, Pleo, found one in five small and medium sized companies in the EU are looking at cutting the salaries of remote workers.

It says companies will be focused on cost savings for 2024.

Caroline Reidy, from the HR Suite, says tech companies are trialling lower rates for some of their remote workforce:

Looking at today's Currency Markets, one euro buys you £0.85 and $1.08.

While the ISEQ Index of Irish Shares is at 9613, up 1.05% since the opening.

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