My organisation have gone through a restructure, cutting our team from 4.6FTE to 1.6FTE which is stressful enough as we now all have to apply for the one remaining full time role, (aside from the part time person going on maternity leave as their role is protected) but they have also lowered the pay grade for that one role, so essentially the person will be doing 3x work on less money.
Firstly - can they do that? Secondly, should I even bother applying, or would you be looking elsewhere? It’s a 4k pay cut for the same job title.