pay cuts

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Latest blogosphere posts tagged “pay cuts”

  • Leeds Rubbish Strike Comes to an End


    Recycling, Green, and Environmental NewsAuthority Authority: 143
    It seems as though there are a lot of unhappy workers in the United Kingdom.  This may be because there have been many highly publicized rows between British workers and their employers recently.  The Royal Mail Strike which ended a few weeks ago caused major damage to the British economy, as many companies were ...
    5 days ago
  • reality check needed


    bluire | fragmentsAuthority Authority: 104
    Yesterday’s strikes and day of shopping to Newry posed some interesting questions. Who exactly were the Newry shoppers? ICTU president Peter McLoone denied on the six one news and on prime time that any public sector workers were up shopping in Newry and were on the picket lines, doing their duty, standing up for ...
    6 days ago
  • Haynes & Boone Cut First Year Salaries


    JD JournalAuthority Authority: 140
    First year associates at Haynes & Boone will be starting after Thanksgiving, but at a reduced rate.  The firm emailed its incoming associates and informed them that the salary for first years has been cut to $145k.  The firm says that it has not decided on a pay structure for 2010 yet so this may be a temporary ...
    1 week ago
  • What Doctors Are Doing To Compensate For Their Pay Cuts


    Better HealthAuthority Authority: 555
    Should there be a premium added to physician compensation for on-call coverage after hours, or are Medicare rates enough? This appears to be the central question between two competing hospitals in Longview, Texas where a $300,000 stipend was paid to a cardiology group by one hospital and not the other for ...
    1 week ago
  • Reed Smith Asks Non Equity Partners for a Tithing


    JD JournalAuthority Authority: 140
    Render unto Caesar what is Caesar’s, or so the expression goes.  Now Reed Smith is asking much the same of its non equity partners.  Non equity partners are being asked to contribute as much as 15% of their base salary to the company or risk losing partnership status.  Gregory Jordan, the firm’s chairman, had ...
    2 weeks ago
  • How Your Salary Could get Slashed to Boost Company Profits


    The Daily ReckoningAuthority Authority: 597
    With already deep and growing job losses it’s no real surprise that pay cuts are also becoming more common. According to the LA Times, an “index that measures growth in wages alone for private-sector workers inched up 1.4% … the smallest rise since the government began keeping statistics in 1975.” Similarly, ...
    2 weeks ago
  • Bleak year for pay packets


    Real Estate BuzzAuthority Authority: 152
    Property executives have been the hardest hit as cuts bite MAURICE DUNLEVY REMUNERATION AT a time when debate is raging over chief executive pay packets, more than 20 per cent of property workers face pay cuts during the next 12 months, while more than 50 per cent will receive little or no increase. More here: Bleak ...
    2 weeks ago
  • Stay On Your Toes and Don’t Let the “Recession” Get You Down!


    WE magazine for womenAuthority Authority: 133
    Stay on Top and Create Your Success! If you’re like me, you’re trying to stay positive…yet realistic. However, I know it’s getting harder to do unless you live under a rock. Every time you turn on the news, turn on the radio or read the paper you hear a snazzy new, yet depressing way to remind us that we are ...
    3 weeks ago
  • Treasury Dept. Punishes Bailout Recipients with Pay Raise


    Diary of Fools.Authority Authority: 118
    As you may have seen on the news ticker scrolling underneath the 24-hour balloon boy coverage last week, the Treasury Dept. announced big cuts in compensation for top execs at companies that received bailout packages (AIG, Citi, Bank of America, GM, GMAC, Chrysler and Chrysler Financial). Well, according to a Wall ...
    4 weeks ago
  • Dont Pay Them Now and We Wont Get Paid Latter


    Cutting Through The FogAuthority Authority: 427
    The Obama Administration seems to think it can reduce executive pay at these bailed-out banks and there wont be any consequences.First, there is this absurd assumption that people will just stay in their existing jobs after having had their salaries slashed by 90%. This isnt like they are part of some family ...
    5 weeks ago
  • AIG’s got contracts to complicate Obama’s pay czar’s cuts


    ShortFormBlogAuthority Authority: 524
    13 of the top 25 execs getting pay cuts have left the company three execs are contractually bound to keep their compensation SOURCE
    5 weeks ago

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