Posts Tagged ‘ Wages ’

Wynn Resorts lays off 261 workers in Las Vegas

June 16, 2010
By Pay Cuts

salaried workers from its two Las Vegas hotel-casinos, CEO Steve Wynn said. Wynn told The Associated Press the cuts were made after some workers expressed support for layoffs instead of wage and hour reductions. The company cut wages and hours 18 months

View the full article
Read more »

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

Members of Congress should cut their own pay

June 16, 2010
By Pay Cuts

- vote-getting actions for sure. Employers are cutting wages and benefits. My vote goes to the congressman who cuts his own wages and benefits. Bill Wilshire, Sioux City

View the full article
Read more »

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

What fiscal austerity looks like

June 15, 2010
By Pay Cuts

2.6% by 2014. The least competitive member of the European Union, Greece also has the most generous wage and retirement systems. Wages and social benefits account for 75% of government spending and have been growing faster than productivity, according to

View the full article
Read more »

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

UAW chief rallies faithful

June 15, 2010
By Pay Cuts

President Bob King is expected to be elected, although he is facing a challenge from workers angry about wage concessions made while Gettelfinger was UAW chief. Under Gettelfinger, GM, Chrysler and Ford workers agreed to cut wages in half to $14 an hour

View the full article
Read more »

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

Macedonia to cut salaries of senior government officials

June 13, 2010
By Pay Cuts

the deficit and avoid Europe's debt crisis. According to an announcement late Thursday (June 10th), Gruevski's salary and the wages of ministers and deputy ministers will be reduced by 10% this year or next. Furthermore, plans to build 100 sports venues

View the full article
Read more »

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

VA Longshoremen Reject Benefits Cuts

June 11, 2010
By Pay Cuts

Longshoremen at Virginia-owned marine terminals in Newport News and Portsmouth have rejected proposed wage and benefit cuts. Members of the International Longshoremen's Association voted Thursday to reject two proposals that would have cut wages and

View the full article
Read more »

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

Longshore Workers Reject Virginia Wage Cuts

June 11, 2010
By Pay Cuts

lower wages for container shuttle, breakbulk International Longshoremen?s Association members in Hampton Roads refused to accept lower pay for handling uncontainerized cargo and for handling containers that move on a barge shuttle between the port and

View the full article
Read more »

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

Your comments: Rutgers freezes wages due to N.J. budget cuts

June 11, 2010
By Pay Cuts

, canceling raises for all employees, including many whose unions voluntarily accepted wage freezes last year in return for promised raises this year. The university says it is facing a $96 million budget gap due to a 15 percent cut in state aid

View the full article
Read more »

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

In the Margins: Bay City nonunion employees’ 10.8 percent cut doesn’t affect base wages

June 11, 2010
By Pay Cuts

? At least one Bay City employee group is moving forward with plans for 10.8 percent in cuts ? without directly cutting base wages. BCT: As the budget deadline of July 1 nears, this is the line that city workers will not cross ? cuts to their rate

View the full...
Read more »

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

Spanish union to appeal to Supreme Court on wage cuts

June 10, 2010
By Pay Cuts

s largest union said on Thursday that it has filed an appeal against the government's public sector wage cuts with the country's Supreme Court. The Comisiones Obreras (CCOO) union said the measure, which cuts wages by 5 percent in 2010 and freezes them

View the full article
Read more »

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

Wages bill: $14b blow out

June 9, 2010
By Pay Cuts

Fears wage cost will push up inflation Implementing Rudd policies "to blame" Unions dismiss "big whinge" as baseless THE cost of employing state public servants will blow out by $14.2 billion

View the full article
Read more »

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

$14b blow out in public sector wages

June 9, 2010
By Pay Cuts

From: The Australian Fears wage cost will push up inflation Implementing Rudd policies 'to blame' Unions dismiss 'big whinge' as baseless THE cost of employing state public servants will blow out by $14.2 billion

View the full article
Read more »

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

Council to slash 500,000 from wages bill

June 9, 2010
By Pay Cuts

Staff salary savings of 500,000 will be a major area of cuts for Corby Council following a decision by councillors. About 300 staff out of a 450 workforce have been involved

View the full article
Read more »

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

Romania takes austerity measures to cut wage, pension

May 30, 2010
By Pay Cuts

will decide on the calendar of the government's steps to implement the austerity measures. The measures include cuts in public wages by 25 percent and public pensions by 15 percent as well as reductions in unemployment benefits. Romanian Prime Minister

View the full article
Read more »

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

Cable slams surge in vice-chancellor wages

May 29, 2010
By Pay Cuts

THE new Business Secretary Vince Cable has attacked huge pay awards made to university vice-chancellors, including that of the boss of Teesside University which soared by about 17% last year. Mr Cable said he had been ?taken aback? to discover

View the full article
Read more »

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

Sheriffs’ Association Agrees to Wage Concessions

May 29, 2010
By Pay Cuts

will save the county more than $9 million, the Deputy Sheriffs' Association (DSA) membership agreed to take serious cuts ? including a three percent reduction in wages over the next three years ? in attempt to save membership jobs. The agreement with

View the full article
Read more »

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

The contagion of austerity – BBC News (blog)

May 25, 2010
By Pay Cuts
The contagion of austerity – BBC News (blog)


BBC News (blog)

<img alt="" height="1" width="1" />The contagion of austerity
BBC News (blog)
Public sector wages there are to be cut by 7%. Ministers are taking a 15% pay cut. Pensions will be frozen, with cost...
Read more »

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

Ray Mallon issues grim warning over review on costs

May 22, 2010
By Pay Cuts

A GRIM warning about future spending cuts in local authorities has been delivered by Middlesbrough mayor Ray Mallon. And he says that cuts in allowances paid to him and councillors and the wages of higher paid council

View the full article
Read more »

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

APS board to hear budget report Monday

May 16, 2010
By Pay Cuts

  It?s a daunting figure, and one that administrators say the district is unlikely to overcome without cuts to wages and benefits, which together make up 80 percent of the district?s $32 million budget. ?There is not another pocket big

View the full article
Read more »

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

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

View the full article
Read more »

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

Portugal to hike taxes, cut wages in austerity drive

May 13, 2010
By Pay Cuts

* Portugal to boost income tax, taxes on large companies * VAT hike, salary cuts for public managers, politicians * Main opposition party vows support for measures (Adds opposition party's support, union statement) LISBON, May 13 (Reuters) - Portugal

View the full article
Read more »

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

Spain to Slash Wages to Cut Deficit

May 13, 2010
By Pay Cuts

so now that the economy is beginning to recover,' Zapatero told parliament on Wednesday as he detailed the cuts totaling 15 billion euros ($19.05 billion) in 2010 and 2011. Civil service salaries will be cut by 5 percent in 2010 and frozen in 2011, and

View the full article
Read more »

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

Austerity programmes work but will they work for Eurozone countries?

May 8, 2010
By Pay Cuts

old age pensions and health services are sacred cows. The best that can be hoped for is once-off wage cuts of up to 10% (wages are around a third of government spending),moderate staff cuts as people retire,cuts in capital spending and very modest

View the full article
Read more »

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

Portsmouth administrator imposes wages cap

May 7, 2010
By Pay Cuts

Andrew Andronikou slapped a £10,000-a-week ceiling on players' pay for next season and warned: Like it or lump it, reports The News . The administrator has vowed to get tough on the spiralling wage bill which has crippled Pompey

View the full article
Read more »

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

Portsmouth administrator imposes wages cap (Tribal Football)

May 7, 2010
By Pay Cuts

Andrew Andronikou slapped a 10,000-a-week ceiling on players' pay for next season and warned: Like it or lump it, reports _The News_. The administrator has vowed to get tough on the spiralling wage bill which has crippled Pompey.His

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 »

Board freezes school administrators’ wages

May 5, 2010
By Pay Cuts

WAVERLY ? With all the cuts School District 145 has made for the 2010/2011 school year, it made another one Monday. At the board of education?s meeting Monday, the board voted to freeze administrators? wages

View the full article
Read more »

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

The real cost of raising a family in Metro Vancouver

May 5, 2010
By Pay Cuts

work for low wages face impossible choices -- buy clothing or heat the house, feed the children or pay the rent. The result can be spiralling debt, constant anxiety and long-term health problems. In many cases it means working long hours, often at two or

View the full article
Read more »

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

Can Greece hit its cost cutting targets?

May 4, 2010
By Pay Cuts

backlash. The measures agreed this past weekend with the EU and IMF include more tax hikes and steeper cuts in wages and bonuses, in return for a record 110 billion euro ($146.5 billion (U.S.) bailout. According to the aid plan, Greece will have to save

View the full article
Read more »

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

Cutting restaurant wages ‘will depress demand’

May 4, 2010
By Pay Cuts

Association of Ireland?s analysis, which TASC say has sought a reduction in the Joint Labour Committee (JLC) pay scale. TASC believes that reducing restaurant wages would fail to address the real cost issues such as the high cost of food and commercial

View the full article
Read more »

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

Can Greece meet its targets?

May 4, 2010
By Pay Cuts

social backlash. The measures agreed this weekend with the EU and IMF include more tax hikes and steeper cuts in wages and bonuses, in return for a record 110 billion euro (97 billion pound) bailout. According to the aid plan, Greece will have to save an

View the full article
Read more »

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

Can Greece cut its deficit by 11 points by 2014?

May 4, 2010
By Pay Cuts

social backlash. The measures agreed this weekend with the EU and IMF include more tax hikes and steeper cuts in wages and bonuses, in return for a record 110 billion euro ($146.5 billion) bailout. According to the aid plan, Greece will

View the full article
Read more »

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

Don’t cry for CEOs during recession: Median pay was up 6.6%, to $872,000, for WNY executives

May 2, 2010
By Pay Cuts

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 »

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

Workers to get wage hike after polls

May 1, 2010
By Pay Cuts

MANILA: Philippines - Workers nationwide will get a much-awaited increase in their daily take-home pay after the May elections as a belated Labor Day gift, the National Wages and Productivity Commission (NWPC) said yesterday. There was no announcement of

View the full article
Read more »

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

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.

View the full article
Read more »

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

Workers to Resist Greek Austerity Measures

April 30, 2010
By Pay Cuts

and the IMF has agreed to freeze wages for three years and eliminate two of the fourteen annual salary payment and in all cut 24 billion euros or $32 billion in spending. Service workers union ADEDY is resisting cuts and asking its members to protest

View the full article
Read more »

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

Greece signs up to 24bn austerity package

April 29, 2010
By Pay Cuts

agreed the draft outline of a 24 billion (21 billion) rescue package, which is expected to include savage cuts in civil service wages and state benefits along with hefty tax increases to cut its budget deficit. Final details of the measures were still

View the full article
Read more »

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

HSE pay rose as other wages cut

April 27, 2010
By Pay Cuts

SOME top hospital consultants got pay rises in the past three years while the lowest-paid in the health service suffered wage cuts. Several consultants who hold academic posts in university medical schools had their salaries increased

View the full article
Read more »

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

Last minute deal averts NYC doormen strike

April 21, 2010
By Pay Cuts

a.m. Wednesday deadline, calls for a four-year contract with a nearly 10% increase in wages and no cuts in benefits for workers. "We feel it's a very fair agreement. It's good for the industry, good for the workers," said Mike Fishman, president of

View the full article
Read more »

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

UAE employees stranded in Europe face pay cuts

April 19, 2010
By Pay Cuts

Middle East - Employees who are stranded overseas due to the volcanic ash cloud over Europe currently could have their wages docked if they don't return to work in the Emirates on time.

View the full article
Read more »

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