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News tagged with “pay cut”. Found:
163 tagged news reports.

 

Your Search Returned 163 tagged news reports

 

Fearing pay cuts as the new normal

New York City :: NY :: USA | 9 days ago

Credibility Credibility of 5

One inevitable effect of this recession's massive job losses and plunge in consumer and business spending has been downward pressure on the wages and benefits of many of those who still are working. That pressure has been evident for the last 18 months...

Tags: pay cut, U.S, New York City, Recessions, Employment law, Unemployment, Workers' compensation, Employment, Business Finance, Labor economics, Macroeconomics, Employment compensation, Labor

LAUSD chief tells unions to accept pay cuts, furloughs, or face layoffs

Los Angeles :: CA :: USA | 9 days ago

Credibility Credibility of 5

Saying the district needs to bridge a $480 million budget gap for the 2010-11 school year, Cortines asked all employees to accept four furlough days this year and a 12 percent pay cut next year. Local 99, representing service workers, and the Associated...

Tags: pay cut, furloughs days, asked union, Los Angeles, Military terminology, Los Angeles Unified School District, United Teachers Los Angeles, Service Employees International Union, Furlough, Labor, Education, Ramon C. Cortines

Half of all directors get no pay rise

London :: United Kingdom | 20 days ago

Credibility Credibility of 5

One in two company directors have seen their pay frozen or cut over the past 12 months, the Institute of Directors has announced, as it rejected claims by trades unions that the pain of the recession had not been shared equally by the workforce and urged...

Tags: pay cut

Feinberg reflects on his own pay ruling

New York City :: NY :: USA | about 1 month ago

Credibility Credibility of 5

Treasury Department's pay czar Kenneth Feinberg said he would be "disappointed" if executives left their jobs due to pay cuts he imposed. Feinberg lowered the boom on the top 25 executives at seven firms that received extraordinary assistance from the...

Tags: Kenneth Feinberg, pay czar, Ken Feinberg, pay cut, Treasury Department, Washington, corporate governance

Obama set to slash executives' salaries

Washington :: DC :: USA | about 1 month ago

Credibility Credibility of 5

The Obama administration plans to significantly cut the pay of executives at the seven companies that have received the most bailout money, reacting to a growing outcry about huge new bonuses and other compensation at firms propped up by taxpayer dollars,...

Tags: bailout, Barack Obama, pay cut, Kenneth Feinberg, Chrysler Group LLC, obama administration, task force, Treasury Department, paid executive, General Motors Co.

Obama administration to order executive pay cuts at bailed-out firms

Washington :: DC :: USA | about 1 month ago

Credibility Credibility of 5

The Obama administration plans to order companies that have received exceptionally large amounts of bailout money from the government to slash compensation for their highest paid executives, according to a person familiar with the decision. The deep...

Tags: Barack Obama, obama administration, pay cut, administration plans, pay czar, Kenneth Feinberg, bailouts firms, governance bailouts, wall street, big pay

New York Times to cut 100 newsroom jobs

Washington :: DC :: USA | about 1 month ago

Credibility Credibility of 5

The New York Times plans to cut 100 newsroom jobs by the end of the year through buyouts and might resort to layoffs as it reels from the advertising revenue drop that is imperiling U.S. newspapers. The news, delivered in a memo to employees by Times...

Tags: New York Times Co., NBC Universal, newsroom jobs, Yahoo Voice, Bill Keller, Skype, pay cut, Comcast Corp., executive editor, Peter Chernin

Khursheed happy with Mukesh Ambani's pay cut

New Delhi :: India | about 1 month ago

Credibility Credibility of 5

He said the the Centre would keep a watch on the kind of salaries CEOs and other top officials at different companies were getting. Khursheed praised Mukesh Ambani's and said his is a 'voluntary, sensitive and significant gesture by someone who is the...

Tags: Mukesh Ambani, pay cut, India

Dems propose delay in tax cut

Columbus :: OH :: USA | about 1 month ago

Credibility Credibility of 5

House Democrats will follow the governor's plan to delay the 4.2 percent income-tax cut that took effect on Jan. 1, and they added a sweetener to the mix -- a 5 percent pay cut for state lawmakers. House Speaker Armond Budish, D-Beachwood, said yesterday...

Tags: percent pay, pay cut, Ohio

Mukesh Ambani takes 2/3rd pay cut for FY09

Mumbai :: India | about 1 month ago

Credibility Credibility of 5

Mukesh Ambani, India's richest man, accepted a two-thirds cut in his salary to $3.25 million for running his flagship Reliance Industries in 2008/09 to set an example for moderation in executive pay. Reliance Industries, India's most valuable listed company,...

Tags: Mukesh Ambani, CEO of India Inc., pay cut, Reliance Industries, richest man, Montek Singh Ahluwalia, ambani takes

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