Posts Tagged ‘ Recession ’

CHAPEL HILL, N.C. -- North Carolina's public universities facing recession-driven budget cuts are losing top professors to well-heeled competing colleges. The News & Observer reported Wednesday that more professors at the University of North Carolina at

View the full article
Read more »

600. In a memo issued this month, the agency said it laid off four workers, its first staff cuts since the recession began in late 2007. Three of positions were in the community and business services group, which offers rural planning advice, meets with

View the full article
Read more »

tumult in all directions. And the rumble has only just begun. As Broward County wrestles with how to pay for government services in a recession, the public debate about how deeply the sheriff's budget should be cut will likely reach a screaming pitch.

View the full article
Read more »

With Congress half-way through a new stimulus bill that would extend aid to the jobless and renew tax cuts for small businesses, it's worth thinking about what tax cuts are supposed to accomplish in a recession. The good thing about tax cuts is that

View the full article
Read more »

are fair for both city workers and taxpayers have been rebuffed with threats of mass firings and significant wage cuts SPECIAL TO THE REVIEW-JOURNAL As members of the city's largest employee union, we have repeatedly tried to negotiate concessions that

View the full article
Read more »

<img alt="" height="1" width="1" />California executive pay report: CEOs took in 11% less in 2009, but riches are ...
Los Angeles Times
Thanks to the worst recession in decades, the titans of industry took a substantial pay cut in 2009. But it may just be...
Read more »

UK Spending Cuts 'Crazy - Based on Dogma': Blanchflower The spending cuts outlined by the UK treasury are 'a crazy cutting agenda,? that could push the country back into recession, according to David

View the full article
Read more »

Millions of Hoosiers have weathered the recession with extended salary freezes, deep pay cuts or even wrenching unemployment. But top executives at Indianas public companies have largely been insulated from the economic crash. IBJs review of executive

View the full article
Read more »

was not in tune with the current economic climate. 'As the economy seeks to recover from its recession, pay settlements elsewhere hover between a wage freeze or possible cuts. With these proposals, the SAWB has shown itself to be out of touch with

View the full article
Read more »

about the public mood before the big walkout next week. Investors are closely watching public reaction to government wage and pension cuts amid concerns broader unrest could hit Prime Minister George Papandreou's resolve in pushing them through. New

View the full article
Read more »

taxes, some reduced employer social security contributions and others, including Germany, Japan and the United States, recorded lower wage tax due to lower average wages after the economic crisis. Hungary, Greece and France were the highest-tax countries

View the full article
Read more »

Annual cuts expected for at least the next two years Post-Record staff With the recession still hitting hard, local schools are feeling the brunt of less to spend on education. The most

View the full article
Read more »

The Great Recession didn't mean the boss took a pay cut. While wages for the average worker in Erie County were virtually stagnant over the last year, the top executives at the publicly traded companies in the Buffalo Niagara region

View the full article
Read more »

May 1--The recession appears to be over, and so is the decline in local CEO pay. Despite declining revenue and losses at three of four publicly traded Colorado Springs-based companies, CEO pay jumped last year after a sharp decline in 2008, according to

View the full article
Read more »

As Singapore emerges from the recession, those companies which can afford it should also restore some of the wage cuts and end wage freezes implemented in 2008 and last year, Mr Gan said. He also touched on efforts to encourage older workers to rejoin

View the full article
Read more »

millions of dollars and thousands of jobs to help the nation recover from the recession. Jobs and Tax Cuts Recently the White House issued a statement citing a federal report that shows 16 thousand Nebraska jobs created or saved as of the first quarter

View the full article
Read more »

PLEA: Officers call for change in rules to ease cuts in pay Share Also in National News Search Query: Herald.ie Web Search RECESSION-hit gardai want to be able to work as bouncers and barmen to supplement their income. Rank

View the full article
Read more »

damage inflicted by the recession he will say: ?Whoever is returned to power they have to learn that cuts to public service budgets won?t help our recovery - they?ll hold it back. They?ve got to learn that just as unbridled market forces wrecked

View the full article
Read more »

when they have done a fair amount of rethinking, reshuffling and reorganizing,' he said. The college implemented a salary and hiring freeze in October 2008, when the recession began to wreak havoc with domestic and foreign economies. In a recent letter

View the full article
Read more »

damage inflicted by the recession he will say: "Whoever is returned to power they have to learn that cuts to public service budgets won't help our recovery - they'll hold it back. They've got to learn that just as unbridled market forces wrecked our

View the full article
Read more »

John Philpott, CIPD chief economic adviser, said it was ?misleading? to suggest job losses could be eased by pay cuts or short-time working. ?This strategy has been successful in the private sector during the recession as a means of avoiding redundancies

View the full article
Read more »

Extract not available.

View the full article
Read more »

from the recession, Mr. Gan said, those companies which can afford it should also restore some of the wage cuts and end wage freezes implemented in 2008 and last year. -- ST PHOTO: LAU FOOK KONG COMPANIES that are doing well should recognise the

View the full article
Read more »

weeks and months, Linda Blakley, a spokeswoman for the Bentonville, Ark.-based company, said Friday by telephone. Price cuts are part of Wal-Mart's efforts to keep shoppers it gained in the recession, said Walter Todd, a Wal-Mart investor. Sales at U.S.

View the full article
Read more »

Duncan Allan in last week's Northern Times , we would ask: why should public sector workers take a pay cut? Did public sector workers cause the financial recession? We think not! They are, by and large, on relatively low incomes as it is. We keep hearing

View the full article
Read more »

Hounslow Council?s bigwigs were given thousands of pounds in pay rises while the country was gripped by recession, according to a newly-published town hall rich list. The TaxPayers' Alliance slammed the council?s bosses for receiving salary increases

View the full article
Read more »

Connecticut towns this year has been depressing and routine.Faced with flat property tax collections, anti-tax fever and cuts in state aid, town governments have been slashing municipal and school budgets ? mostly with the assent of recession-weary

View the full article
Read more »

<img alt="" height="1" width="1" />Corporations cut leaders' pay in 2009 for 2nd year
mydigitalfc.com
There were some chief executives who relinquished their cash bonuses or took voluntary pay cuts because of a recession that devastated many customers, ...
USA TODAY analysis:...
Read more »

on six-figure salaries has soared, despite the recession and many workers in the public and private sectors facing pay freezes and job losses. Gordon Brown's salary is £194,250. But in 2008-09, 31 council staff earned more. This is up from 19 people in

View the full article
Read more »

Nine council bosses in Lancashire pocketed six figure pay packets at the height of the recession, according to the most recent town hall 'rich list'.Top earner was Lancashire county council Chief Executive Ged Fitzgerald who was paid £171

View the full article
Read more »

AT least 88 council employees across Yorkshire received pay deals worth more than £100,000 last year as the number of six-figure earners in town halls continued to rise despite the recession. Critics claimed council bosses had enjoyed 'a

View the full article
Read more »

The number of people suffering stress, anxiety and depression because of redundancies, job insecurity and pay cuts owing to the recession is soaring, a study published today reveals. Worries about the effects of the downturn have produced a sharp rise in

View the full article
Read more »

musicians agreed on Thursday to take another pay cut to help the nonprofit battle the recession. The musicians accepted a salary freeze and two weeks furlough for the 2010-2011 season and will take a 16.7 percent pay

View the full article
Read more »

musicians agreed on Thursday to take another pay cut to help the nonprofit battle the recession. The musicians accepted a salary freeze and two weeks furlough for the 2010-2011 season and will take a 16.7 percent pay

View the full article
Read more »

the public sector has previously been seen as a 'recession-free zone' this is set to change and job cuts are imminent, which could lead to a rise in conflicts. The report highlighted that pensions are to become a source of workplace conflict in the

View the full article
Read more »

Baltimore Sun
<img alt="" height="1" width="1" />Baltimore Symphony Orchestra musicians accept more pay cuts
Baltimore Business Journal
Baltimore Symphony Orchestra musicians agreed on Thursday to take another pay cut to help the nonprofit battle the recession. The...
Read more »

Cincinnati Business Courier
<img alt="" height="1" width="1" />Boehne took pay cut as Scripps fell into red for '09
Cincinnati Business Courier
CEO Rich Boehne took a 46 percent pay cut in 2009, as the management team shared...
Read more »

double digits in the past year, but the recession is forcing the district to continue making tough budget cuts. About 110,000 people use the library system on a regular basis. A business with growth in the double digits would have something to celebrate

View the full article
Read more »

MiamiHerald.com
<img alt="" height="1" width="1" />Ford CEO Alan Mullaly compensation up 1% in 2009 to $17.9 million
USA Today
Ford Motor CEO Alan Mulally got no bonus last year, in fact was hit with a 30% pay...
Read more »