Nissan faces decline in sales and profits resulting in a layoff of 9,000 workers and a 50% pay cut for their chief executive.

WILLEMSTAD - The labor union DOEN plans to appeal to Parliament on Thursday to seek support for ending the 12.5% salary reduction currently affecting the education sector and other parts of the public ...

Mr Dodd is the latest pub chief to raise the prospect of fewer bartenders as a result of the Budget. The British Institute of ...

The Internal Revenue Service has announced in its annual update various 2025 employee benefit plan limits and thresholds for employer plan sponsors ...

Highlights:,Salary reduction plans allow pre-tax income contributions to tax-deferred retirement accounts, lowering taxable income.,These plans support retirement readiness with tax-deferred growth, ...

The use of a carefully planned pension salary sacrifice will help to mitigate some of the financial burden imposed by the ...

With more people working, they claim, more taxes will be paid, which in turn would mean that the government and society benefit from a reduction in the wages of top executives. It is unclear what ...

Biden’s White House welcome to Trump versus Trump’s snub of Biden four years ago is matched by lack of reciprocity in the ...

The City of Winnipeg wants security guards at the Millennium Library to receive a living wage, but councillors recently ...

Mohamed Muizzu is introducing a mandatory 10-per cent pay cut to most public sector jobs, leading the belt-tightening with the biggest salary reduction, his office said in a statement. A government ...

Despite increased revenue from the Federation Account Allocation Committee, no fewer than nine states have reduced their wage bills in the first half of 2024, findings by Saturday PUNCH reveal.