Posts Tagged ‘ Money ’

Summer of the Pay Cut – About – News & Issues (blog)

July 4, 2010
By Pay Cuts

<img alt="" height="1" width="1" />Summer of the Pay CutAbout - News & Issues (blog)Based on average annual salary, nine get a raise over last season, eight take a pay cut, and one guy signs for the same money (two salari...
Read more »

Tags: , , , , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

FormFactor to lay off 8% of workers

June 16, 2010
By Pay Cuts

Shortly after agreeing to pay its former CEO $690,411 in severance, FormFactor Inc. plans to lay off 8 percent of its workers to save money. That works out to about 73 people losing jobs

View the full article
Read more »

Tags: , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

To tax or not to tax: Option open as S.B. starts budget talks

June 13, 2010
By Pay Cuts

new taxes if San Bernardino's policymakers decide to seek new levies. The potential for new taxes, or cuts that extract money from core city services, means that the crafting of a new budget will require political calculations in addition to an

View the full article
Read more »

Tags: , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Americans paychecks shrinking

June 13, 2010
By Pay Cuts

getting less money from reduced-income customers, and its a hardship for workers trying to figure out how to pay bills. In Siegels case, he brought in about $60,000 a year before his primary job as promotions director for a comedy club was eliminated.

View the full article
Read more »

Tags: , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Hiring an all-star employee can involve tightening your own belt

June 12, 2010
By Pay Cuts

hiring again. It's not because he has money to burn ? in fact, Mr. Karoll cut the pay of his 12-person staff by 10% to 15% across the board in 2009, when his business fell off dramatically, and he has only partly restored those cuts this year. Nor

View the full...
Read more »

Tags: , , , ,
Posted in Pay Cuts News Feed | No Comments »

Budget cuts stab schools in back

June 12, 2010
By Pay Cuts

in red, a budget bleeding with financial shortfalls. That has been fixed by $17.5 million in budget cuts, among them the elimination of ninth-grade sports and the halving of the subsidies -- equalization money -- some schools receive to replace athletic

View the full article
Read more »

Tags: , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Americans adapt to earning less, but paychecks may never recover

June 11, 2010
By Pay Cuts

less money from reduced-income customers, and it's a hardship for workers trying to figure out how to pay their bills. In Siegel's case, he brought in about $60,000 a year before his primary job as promotions director for a comedy club was eliminated.

View the full article
Read more »

Tags: , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

School Board Passes Budget, Tentative Millage Increase

June 10, 2010
By Pay Cuts

they were merely agreeing on the big number, but could still debate and change what the money would pay for. The school budget proposal includes no furlough days in the next school year. Some board members opposed the tax increase proposal, saying they

View the full article
Read more »

Tags: , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

DeKalb likely won’t cut Grady money

June 10, 2010
By Pay Cuts

keeping digging out of this hole. In February, the commission passed a budget including about $50 million in cuts and no tax increase. The county is now struggling to find an extra $10 million to cut because of a 2-3 percent decrease in the tax digest.

View the full article
Read more »

Tags: , , , ,
Posted in Pay Cuts News Feed | No Comments »

Meridian teachers to see 3.6 percent pay cut

June 9, 2010
By Pay Cuts

Meridian levy vote passes. The school district will use money from a district maintenance fund to supplement teacher salary cuts. Story Updated: Jun 9, 2010 at 10:02 AM MDT MERIDIAN - Residents voted Tuesday to approve the school district shifting four

View the full article
Read more »

Tags: , , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Lawmakers to vote on another budget extender

June 7, 2010
By Pay Cuts

New York state legislators will vote late Monday on emergency budget legislation that cuts health care spending and doubles the money for construction contractors. The temporary spending will fund core state operations through June 13. It is the 10th

View the full article
Read more »

Tags: , , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Cash-Strapped UC Adds High-Salary Positions

June 3, 2010
By Pay Cuts

It has been a period of austerity at the University of California, with layoffs, across-the-board pay cuts and fee hikes. Yet some UC employees earned significantly more money in 2009 than in 2008, with two more million-dollar earners added to the

View the full article
Read more »

Tags: , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

HP to cut workforce

June 1, 2010
By Pay Cuts

Fortune 500) will take a charge of about $1 billion to reflect the investment, and expects it to pay off in annual savings of about the same. After reinvesting some of that money, HP expects these moves to boost annual pre-tax earnings by between $500

View the full article
Read more »

Tags: , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

At work — and earning less: As economy begins to recover, many are living on reduced salaries

May 30, 2010
By Pay Cuts

less money from reduced-income customers, and it's a hardship for workers trying to figure out how to pay their bills. In Siegel's case, he brought in about $60,000 a year before his primary job as promotions director for a comedy club was eliminated.

View the full article
Read more »

Tags: , , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Letter to the EditorA negative spin put on the facts

May 29, 2010
By Pay Cuts

that '?money is no object in the Phoenixville Area district' is in reference to our new Superintendent's salary of $205,000 per year, and the editorial claims that his salary is '?among the highest in the region.' I am not sure what 'region' the

View the full article
Read more »

Tags: , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Bonus! Sheriff rewards furloughed workers

May 29, 2010
By Pay Cuts

Office found a pleasant surprise in their paychecks heading into Memorial Day weekend -- an extra week's pay. Sheriff James DiPaola said he gave out the money as a 'reward' for the sacrifices his employees have made throughout the year. Namely, agreeing

View the full article
Read more »

Tags: , , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Third round of budget talks in Berkeley Heights is no charm

May 22, 2010
By Pay Cuts

storm, Berkeley Heights Council President Joe Bruno said the loss of local revenue, plus the governor?s municipal aid cuts and the general economic downturn has the council looking for money in every nook and cranny of the budget. The council met last

View the full article
Read more »

Tags: , , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Will revenue argument prevent academic coaching cuts?

May 20, 2010
By Pay Cuts

61 International Baccalaureate teachers at St. Petersburg High and Palm Harbor University High are making $440,000 extra this year in salary supplements and benefits - money that is under the knife  as the district looks for ways to slash $26

View the full article
Read more »

Tags: , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Russ Winter’s Actionable- Special Advisory

May 20, 2010
By Pay Cuts

We are at bottom of channel I have been posting about. If you have straight shorts or bearish double inverse positions without options written against them I would close them out here. If you have bear spread positions such SPY 117/112, XRT 42/40, or out of money naked calls such as DE May 60, and...
Read more »

Tags: , , , ,
Posted in Pay Cuts News Feed | No Comments »

Letter: UT’s budget cuts require quantum leap

May 18, 2010
By Pay Cuts

First, by laying off underpaid lecturers the university does not save a lot of money; a 5 percent salary cut for the football coach or UT president would probably save more. And it is also unfair (that) a system where sciences and humanities are in the

View the full article
Read more »

Tags: , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Flint Riverquarium funding may be slashed – WALB-TV

May 17, 2010
By Pay Cuts


<img alt="" height="1" width="1" />Flint Riverquarium funding may be slashed
WALB-TV

Cut employee pay, cut employees, cut expenses, or find a way to make more money. Hudgins said, "There are some people who say to be courageous and increase ...

Read more »

Tags: , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Boulder school district, teachers at impasse

May 17, 2010
By Pay Cuts

apart when the district asked the teachers union the Boulder Valley Education Association to take a 2 percent pay cut or to freeze annual salary increases for the next school year. Money saved through either of the cuts would be used to keep class sizes

View the full article
Read more »

Tags: , , , , , , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Cape Girardeau School Board to consider salary freezes, changes to stipends

May 16, 2010
By Pay Cuts

an uncertain financial climate. The Cape Girardeau School Board will meet at 6 p.m. Monday to consider salary freezes and changes to the stipend system, which will save more than $66,000. "We definitely are asking our staff to do more to save money,"

View the full article
Read more »

Tags: , , , ,
Posted in Pay Cuts News Feed | No Comments »

Parsippany weighs $800,000 cuts to school budget

May 16, 2010
By Pay Cuts

from money budgeted for ?breakage,? which is the difference between salaries for retiring teachers and the lower pay for new faculty. Superintendent LeRoy Seitz said losing the breakage money could have severe consequences in the future. The money, he

View the full article
Read more »

Tags: , , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Police unmask Latvian hacker who tweeted bankers’ pay details

May 14, 2010
By Pay Cuts

a local TV station to claim they had downloaded the documents from the state revenue service. They exposed salary details for senior officials, revealing that management at a Latvian bank that received bail out money had not taken the pay cuts they

View the full article
Read more »

Tags: , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Cutting-edge policies, by Malcolm Prowle

May 12, 2010
By Pay Cuts

but some particular themes might be considered:- Infrastructure Focus ? there might be merit in making substantial cuts in expenditure on direct service delivery and redirecting at least some of the money saved into major infrastructure projects, such

View the full article
Read more »

Tags: , , , ,
Posted in Pay Cuts News Feed | No Comments »

Goodbye, stimulus. Hello, state budget cuts

May 9, 2010
By Pay Cuts

down. Until now, stimulus money spared governors and state lawmakers from making some of the most brutal budget cuts. But with this lifeline running out, officials are looking at making significant cutbacks to public services, particularly schools and

View the full article
Read more »

Tags: , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Tensions simmer as Greece readies pensions reform (AFP)

May 9, 2010
By Pay Cuts

loan package of 110 billion euros (141 billion dollars) to bail out Greece but have demanded strict budget cuts in return, and some experts are warning the money may not be enough. The IMF's executive board on Sunday gave final approval to its three-year

View the full article
Read more »

Tags: , , , , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Tensions simmer as Greece readies pensions reform

May 9, 2010
By Pay Cuts

package of 110 billion euros (141 billion US dollars) to bail out Greece but have demanded strict budget cuts in return, and some experts are warning the money may not be enough. The IMF's executive board on Sunday gave final approval to its three-year

View the full article
Read more »

Tags: , , , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

No pay increases in IU budget again this year

May 8, 2010
By Pay Cuts

BLOOMINGTON ? A new Indiana University budget plan that doesn?t include money toward employee pay raises for a second straight year was approved Friday by the school?s Board of Trustees. The overall $1.7 billion budget for the university?s eight

View the full article
Read more »

Tags: , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Boyertown School Board cuts programs, teachers to save money (1270)

May 8, 2010
By Pay Cuts

that is down from $2.4 million. Helping to offset the district's debt is a decision to pay a loan issued in 2006 that was used to fund several projects. The loan will be paid off over the next five years, saving the district $5.1 million, said

View the full article
Read more »

Tags: , , , ,
Posted in Pay Cuts News Feed | No Comments »

Goodbye, stimulus. Hello, teacher cuts

May 8, 2010
By Pay Cuts

down. Until now, stimulus money spared governors and state lawmakers from making some of the most brutal budget cuts. But with this lifeline running out, officials are looking at making significant cutbacks to public services, particularly schools and

View the full article
Read more »

Tags: , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Fewer Options for Muni Riders

May 8, 2010
By Pay Cuts

the owl service to get them home late at night. The Municipal Transportation Agency approved 10 percent service cuts when Muni ran out of money to operate the same level of service and after Muni drivers refused to agree to $14 million in labor

View the full article
Read more »

Tags: , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Basescu announces 15% pension cuts, 25% salary cuts and subsidy cuts

May 6, 2010
By Pay Cuts

President Traian Basescu said on Thursday that pensions would fall by 15%, public sector wages by 25%, minimum wage included, with subsidies to be "drastically cut", and the money allocated specifically to "those in need of financial aid". X1 ImgSrc Ad

View the full article
Read more »

Tags: , , , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Superintendent hire saves district money

May 5, 2010
By Pay Cuts

decision to hire its new superintendent, Deborah Bettencourt. The Telegraph?s brief discussion of the new superintendent?s salary in editor Don Chaddock?s column last week and the incorrect implication that the planned educational services center

View the full article
Read more »

Tags: , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Letters 04/29: Little Miami/Kings

May 2, 2010
By Pay Cuts

they can, so we have to give them money. Another said we all need to make sacrifices to pay the tax to educate her children. My situation is simple: I am an elderly person on a fixed income. I have health problems and so does my husband. My budget

View the...
Read more »

Tags: , , , , ,
Posted in Pay Cuts News Feed | No Comments »

Kindergarten will be free

May 1, 2010
By Pay Cuts

time it's proposing to close Desert Arroyo Middle School to save money. The state will no longer pay school districts to provide free all-day kindergarten, instead funding only a half-day program. Cave Creek will pay $516,219 to provide free all-day

View the full article
Read more »

Tags: , , , , , , ,
Posted in Pay Cuts News Feed | No Comments »