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"salary cut" is a correct and usable phrase in written English.
It refers to a reduction in the amount of money a person receives for their work. Example sentence: Due to financial difficulties, the company announced a 10% salary cut for all employees.
Exact(58)
But he gets his salary cut back.
"The whole staff has taken a salary cut," he said.
Is my salary cut?' It's just more to think about".
How could I live with a salary cut?
Ms. Smith did not have to take a salary cut.
but in truth staff are getting a straight salary cut.
Since the salary cut, the numbers graduating from its police academy have steadily fallen.
It's a wildly coveted position — only he'll take a salary cut and pay more in taxes.
Ministers have taken a salary cut, and the number of MPs will be reduced.
Similar(2)
She did not specify how large a salary cut she would take.
The energy of anger drove him just short of fifty and facing a huge salary cut back into government.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com