Hi, I have been a full time employee (manager) at the company for almost 10 years. They are planning to cut costs and propose to me to work 4 days week instead of 5 days week (with appropriate reduction in pay, 20%). I do not want to accept reduced work week and pay. Are they basically breaching employment terms and effectively firing me if I refuse to accept shorter work week and pay?

Thanks for writing to us. Your employer does not have the right to reduce your hours and/or compensation unilaterally and without your consent. If these changes are imposed upon you, it could amount to a constructive dismissal, which would result in the right to severance pay. It is imperative that you express your refusal of the proposed changes and contact us at the number below as soon as possible to speak to a lawyer about your situation in detail.