{"id":6622,"date":"2009-03-19T14:25:51","date_gmt":"2009-03-19T21:25:51","guid":{"rendered":"http:\/\/www.boardistan.com\/?p=6622"},"modified":"2009-03-20T14:30:47","modified_gmt":"2009-03-20T21:30:47","slug":"spy-cuts-employee-pay-by-10-percent","status":"publish","type":"post","link":"http:\/\/www.boardistan.com\/?p=6622","title":{"rendered":"Spy Cuts Employee Pay By 10 Percent"},"content":{"rendered":"<p><a href=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2008\/12\/spy-optic-logo.jpg\" onclick=\"window.open('http:\/\/www.boardistan.com\/wp-content\/uploads\/2008\/12\/spy-optic-logo.jpg','popup','width=94,height=31,scrollbars=no,resizable=yes,toolbar=no,directories=no,location=no,menubar=no,status=yes,left=0,top=0');return false\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.boardistan.com\/wp-content\/uploads\/2009\/03\/spy-optic-logo-tm.jpg\" height=\"32\" width=\"100\" border=\"1\" align=\"right\" hspace=\"4\" vspace=\"4\" alt=\"Spy-Optic-Logo\" \/><\/a>According to an <strong><a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/932372\/000119312509058595\/d8k.htm\" target=\"_blank\">8-K<\/a><\/strong> filed on March 13, 2009 by <strong><a href=\"http:\/\/www.spyoptic.com\/\" target=\"_blank\">Spy Optic<\/a><\/strong><strong> <\/strong>parent company <strong><a href=\"http:\/\/www.orangetwentyone.com\/\" target=\"_blank\">Orange 21<\/a><\/strong> the company has cut employee pay by 10 percent for at least three months.<\/p>\n<blockquote><p>Pursuant to the Reduction, the annual base salaries of the Company\u2019s salaried employees were reduced by ten percent (10%) and the Company\u2019s hourly employees were put on reduced work schedules that resulted in their compensation being reduced by ten percent (10%).<\/p><\/blockquote>\n<p>When you figure that nearly everything but fuel, food, and healthcare seems to be running at about 50% off it&#8217;s really not that bad.<\/p>\n<p><strong>[Link: <\/strong><strong><a href=\"http:\/\/www.sec.gov\/Archives\/edgar\/data\/932372\/000119312509058595\/d8k.htm\" target=\"_blank\">SEC.gov<\/a><\/strong><strong> via <\/strong><strong><a href=\"http:\/\/www.sportsonesource.com\/news\/spec\/spec_article.asp?section=8&#038;Prod=2&#038;id=27025\" target=\"_blank\">Outdoor Business Update<\/a><\/strong><strong>]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to an 8-K filed on March 13, 2009 by Spy Optic parent company Orange 21 the company has cut employee pay by 10 percent for at least three months. Pursuant to the Reduction, the annual base salaries of the Company\u2019s salaried employees were reduced by ten percent (10%) and the Company\u2019s hourly employees were [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[10,12],"tags":[],"_links":{"self":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/6622"}],"collection":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6622"}],"version-history":[{"count":4,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/6622\/revisions"}],"predecessor-version":[{"id":6638,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=\/wp\/v2\/posts\/6622\/revisions\/6638"}],"wp:attachment":[{"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6622"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.boardistan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}