What does the salary reduction subsidy mean?

Salary compensation. Salary reduction subsidy is a kind of compensation relief provided by the company, that is, reducing the scheduled salary, reducing the company's salary expenditure, and providing a subsidy to ensure the actual income of employees remains unchanged. Wage refers to the labor remuneration paid by the employer or statutory employer to the laborer in the form of money according to laws, industry regulations or agreements with the laborer.