Posts Tagged ‘ Wage Freeze ’

Greek bonds face a 5pc penalty when used as security at ECB

June 16, 2010
By Pay Cuts

Budget gap to 2.8 per cent of GDP in 2012. ? February 2010 Government extends public sector wage freeze to those on below ?2,000 a month. ? 5 March 2010 Package of public sector pay cuts and tax increases is passed to save an extra ?4.8bn

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: TIMELINE-Greece’s debt crisis

June 15, 2010
By Pay Cuts

Feb. 2010 - Prime Minister George Papandreou says on Feb. 2 the government will extend a public sector wage freeze to those making below 2,000 euros a month. -- Greece must refinance 54 billion euros ($66.6 billion) in debt in 2010, with a crunch in

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Hudsonville approves schools budget with $2 million in cuts

June 11, 2010
By Pay Cuts

budget approved Thursday runs a $2.5 million deficit. That's after making about $2 million in spending cuts, including a wage freeze for nonunion employees, postponement of bus replacement and an early-retirement incentive that will replace 15 veteran

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Teacher salary cuts the best answer here

June 9, 2010
By Pay Cuts

t the answer. A better answer -- and we take no joy in promoting this -- is union wage concessions, including a wage freeze or unpaid holidays and furlough days. School district sources say they are seeking about $200 million in savings from school

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Norwich board OKs labor deals; new reorganization plan unveiled

May 21, 2010
By Pay Cuts

will save a total of $93,000. School secretaries announced last week that they had agreed to a wage freeze and a one-year extension of the current contract, saving about $25,000. The administrators' union, representing 17 people, agreed to three furlough

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Lebanon, Union townships reject North Hunterdon-Voorhees budget

May 21, 2010
By Pay Cuts

High School District budget, on the grounds that more could be cut if the teachers agreed to a wage freeze. Both township committees voted against certifying the cut Wednesday, which was the deadline for municipalities to ratify cuts to failed school

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School district OKs transportation fee

May 20, 2010
By Pay Cuts

came the same evening the district?s finance officer delivered the proposed 2010-11 school budget. The coming budget cuts include staff reductions and a three-year hiring and wage freeze at the district, said David Hart, chief financial officer. ?We

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Greece’s debt crisis unclear? Here’s a timeline

May 20, 2010
By Pay Cuts

February 2010 - Prime Minister George Papandreou says on February 2 the government will extend a public sector wage freeze to those making below 2,000 euros a month. -- Greece must refinance 54 billion euros ($66.6 billion) in debt in 2010, with a crunch

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Timeline: Greece’s debt crisis

May 20, 2010
By Pay Cuts

February 2010 - Prime Minister George Papandreou says on February 2 the government will extend a public sector wage freeze to those making below 2,000 euros a month. -- Greece must refinance 54 billion euros ($66.6 billion) in debt in 2010, with a crunch

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No freeze means million-dollar cuts

May 19, 2010
By Pay Cuts

continued this week with the main actors playing different roles. In Madison, the teachers' union agreed to a wage freeze for the upcoming school year, an action that likely will deter the borough council from making deep cuts in the school budget by

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CBI calls for public sector wage freeze

May 19, 2010
By Pay Cuts

income scale may struggle to survive, the CBI believes we could see a situation where low-paid workers receive pay rises while the overall bill for the UK public sector remains steady. So will David Cameron take heed? While there's no doubt that David

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Swedesboro-Woolwich School District wage freeze details delay budget votes

May 18, 2010
By Pay Cuts

refrained from voting on their respective school budget resolutions Monday night, waiting to hear a final decision about wage freezes from the Swedesboro-Woolwich Teachers Association. "We were pretty adamant about not delaying the vote tonight,"

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SAWB pay claim ‘out of tune’ with economic climate

May 16, 2010
By Pay Cuts

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

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Madison teachers agree to a salary freeze for coming school year

May 16, 2010
By Pay Cuts

the teachers union, regarding the next school years contract. Beekman disclosed that the association had agreed to a wage freeze for the 2010-11 school year. 'We met on Wednesday night (May 12) and have agreed to a salary freeze, Beekman said, adding

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No economic immunity

May 15, 2010
By Pay Cuts

his job in the field of electronics. The majority of teachers also work hard. My husband had a wage freeze last year, and this year it remains to be seen. Our insurance premiums also doubled this year. Why is it the majority of teachers feel they should

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With knives poised over HoVal budget, some call for teacher wage freeze

May 15, 2010
By Pay Cuts

, or sign in using your AIM or Google Cuts to the Hopewell Valley Regional School District's budget should include savings born of a yearlong freeze on teachers' wages, three elected officials are arguing. Governing bodies from Hopewell Borough

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Officials happy with election results

May 13, 2010
By Pay Cuts

of following Governor Christie's request to vote down any school budget that didn't include a teachers' wage freeze or monetary contributions into their health care plan, most Leonia, Fort Lee and Edgewater taxpayers, similar to most Bergen County

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Pay cuts order of day – The Age

May 12, 2010
By Pay Cuts


<img alt="" height="1" width="1" />Pay cuts order of day
The Age
Spain's socialist government yesterday ordered a 5 per cent pay cut for public workers from next month as it implemented tough austerity measures in a bid ...
Spanish PM makes...
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In New Yorks Suburbs, Teachers Feel Budget Ax

May 11, 2010
By Pay Cuts

in at least five Long Island districts, including Brentwood, where the 1,400 teachers will also take individual pay cuts of $900 that will be repaid to them without interest when they leave or retire. Teachers are facing a wage freeze in 44 of the 69

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Regional High School budget will be slashed

May 11, 2010
By Pay Cuts

the school board following the budget defeat on April 20. The $537,113 represents savings from a wage freeze for all district employees and a one-and-a-half percent contribution to health benefit costs. Incremental steps on the salary guide due to

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Reading proposes cuts, tax hikes in solvency plan

May 7, 2010
By Pay Cuts

47 panel released a draft of their recovery report on Thursday.The plan also calls for a three-year wage freeze for union employees and a requirement that they pay a portion of health care premiums. Fifteen-percent cuts in the budgets for city council

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More Peoria City Budget Cuts

May 6, 2010
By Pay Cuts

s going to be another situation where we're going to ask our employees for consideration of a wage freeze again. And it's hard to say how that will be received. We were hoping that last year would be a one-time situation. We were all hoping the economy

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Greek Parliament to vote on harsh austerity measures

May 6, 2010
By Pay Cuts

the country's debt crisis. The proposed three-year, 30bn austerity package lays out a series of harsh spending cuts and tax hikes. These include a three-year wage freeze for public-sector workers; the scrapping of a number of public-sector bonuses and

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Timeline: The Greek debt crisis

May 4, 2010
By Pay Cuts

February. 2 February - Prime Minister George Papandreou says on February the Government will extend a public sector wage freeze to those making below ?2,000 a month for 2010, excluding seniority pay hikes. Jan/Feb - Greece must refinance ?54bn in

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Bridgewater-Raritan district teachers, administration reject pay freeze

May 3, 2010
By Pay Cuts

The three unions voted today to not consider a wage freeze, arguing that they have collectively conceded $2.2 million in givebacks in the form of health care payments and tuition reimbursements already. To date, no teachers union in Somerset

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Greece’s debt crisis – Reuters

May 2, 2010
By Pay Cuts

Feb. 2010 - Prime Minister George Papandreou says on Feb. 2 the government will extend a public sector wage freeze to those making below 2,000 euros a month for 2010, excluding seniority pay hikes. -- Feb. 3 - The EU Commission says it backs Greece's

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Bridgewater-Raritan teachers reject call for pay freeze

May 1, 2010
By Pay Cuts

figure listed by the Township Council as the amount of savings the district stands to gain through a wage freeze. ""We've already given back $2.4 million in direct concessions,'' said Beatty. ""There is a better and more reasonable solution (to trimming

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Bridgewater-Raritan district teachers, administration reject pay freeze

April 30, 2010
By Pay Cuts

The three unions voted today to not consider a wage freeze, arguing that they have collectively conceded $2.2 million in givebacks in the form of health care payments and tuition reimbursements already. To date, no teachers? union in Somerset

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Brimfield officials agree to freeze wages Also make cuts to keep township budget in black, in hopes of passing road levy

April 30, 2010
By Pay Cuts

administrators have been saving for a rainy day. But that doesn't mean they're not still making cuts. Mike Winner, director of public works, announced in March that he would be taking a wage freeze until Jan. 1, 2012, saving his department nearly $3,000.

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Wage freeze on the horizon?

April 30, 2010
By Pay Cuts

school district's budget last week, township officials are calling for teachers and administrators to agree to a salary freeze. Mayor Anthony Minniti said he believes that by freezing salaries for one year, enough money can be saved without negatively

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District 302 done with cuts for this year

April 29, 2010
By Pay Cuts

union earlier this month. Under that deal, the teachers, represented by the Kaneland Education Association, agreed to a wage freeze in exchange for the district agreeing to reinstate all student programs and activities that had been recommended for

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Editorial: Teach them a lesson

April 27, 2010
By Pay Cuts

for Christie. He called for voters to reject school budgets if their teachers refused to accept a one-year wage freeze to minimize drastic program and job cuts. For its part, the teachers union should see the election outcome as a signal to seriously

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Excellent schools help North Olmsted stay strong

April 25, 2010
By Pay Cuts

the district has taken cost-cutting measures throughout the years. Recently, the teachers? union voted to turn down a pay raise and took a two-year wage freeze again, in order to save over $2 million. Other cuts have been made throughout the years as

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The Stamford Advocate, Conn., Angela Carella column

April 23, 2010
By Pay Cuts

New Jersey teachers are among the highest paid in the nation. Christie wants teachers to accept a one-year wage freeze and begin contributing to their health plans. The union wants him to raise taxes to fill the budget gap. His reply: 'I'm not signing a

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Gov. Chris Christie says N.J. school budget defeats should serve as ‘wake up call’

April 22, 2010
By Pay Cuts

the difference. He also advised voters to reject budgets if local teachers unions did not accept a one-year wage freeze and contribute at least 1.5 percent of their salary to health benefits. He called the results "a seismic change." "They want real,

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Wage freeze explored for Boone County officials

April 21, 2010
By Pay Cuts

BELVIDERE ? Some members of the Boone County Board will try to institute a four-year wage freeze tonight for the county?s clerk, treasurer and sheriff. The freeze would continue until December 2014. The proposal got support in a 3-2 vote at the April

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N.J. voters make choices about school spending

April 20, 2010
By Pay Cuts

in response to his emphasis on public schools." Christie has also tried to force unions to accept salary freezes by urging voters to reject budgets in districts where teachers have not agreed to take a one-year wage freeze and contribute at least 1.5

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Letters, April 13, 2010

April 13, 2010
By Pay Cuts

on teacher-wage freezes Regarding the April 1 editorial, 'Wage freeze for school personnel/Save jobs, programs': In your haste to blacken the name of every teacher in southern New Jersey, you neglected to point out that we pay property taxes

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Teachers should stop the whining and oppose union

April 10, 2010
By Pay Cuts

I just saw an article that stated teachers in only 11 districts have agreed to any kind of wage freeze, and only one of those was in South Jersey, the Woodstown-Pilesgrove school district. So, it's all about the children, eh? The actions of the teachers

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Gov. Christie extends wage freeze deadline

April 7, 2010
By Pay Cuts

-- Gov. Chris Christie is extending the deadline for school districts to get teachers to agree to a wage freeze in order to qualify for additional state aid. Last week the governor said he'll offer more state aid to districts whose teachers agree to a

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