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Re:How Much Should Startup Employees Earn? Wealthfront Tells... by loganfrederick on Tuesday September 18, 2012 @04:10PM (#4540243)
While the term has more specific meanings in finance, "haircut" it has been generalized to often mean "a small paycut".

Wiki page with more info: http://en.wikipedia.org/wiki/Haircut_%28finance%29

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