Sentences with phrase «cut salary costs»

Other departments cut salary costs through retirements.

Not exact matches

Local oil explorer Pura Vida Energy has slashed director salaries and accepted the resignation of chairman Jeff Dowling as it seeks to further cut costs to preserve cash holdings.

Mining junior RNI says a number of recent cost - cutting measures included staff redundancies and salary cuts across the board, as the company announced a $ 26.5 million recapitalisation plan to pay off debt.

Northern Minerals is cutting salaries and reducing its head count to reduce costs as it seeks to complete the next stage of funding for its Browns Range rare earth project near Halls Creek.

But the most important lesson is that no matter what's our profession, nor our salary if we live a frugal lifestyle, if we cut out the waste, if we spend less than we earn and then invest that money on low - cost index funds and ETFs, Anyone has the opportunity to become financially secure.

More commonly, as the business became more profitable and the owner begins making more money, he will leave wages where they are, but try to find a way to cut down on overhead adn production costs (potentially at a loss of worker salary or through layoffs when outsourcing is utilized), and will pocket the increased profits until the business is positioned well enough to be sold to a larger conglomoration for a substantial payout that NONE of the workers will see a dime of.

, wenger has to justify his 8mil salary to stan if he can't win trophies then the only way wenger can keep his job is cut costs and profit max

Councils will also be made to publish chief executive pay rules with a view to cut costs on high - level salaries.

Knapp said the buyout will save some money on salaries, but mostly it is intended to cut the costs of benefits and retirement packages.

«Ministers can't expect the public to heed their calls to cut car use when their own fuel costs are rising, driver salaries have rocketed, and mileage has doubled.»

The school boards group also urges a statewide freeze on government salaries - which would save billions without laying off a single employee or cutting back a single service - and requiring all workers to pay at least 10 % of their health insurance costs, which is less than most private - sector workers shell out.

According to the paper, Brown's plan could see all 646 MPs receive a # 3,000 wage increase at no extra cost to the taxpayer, by cutting ministers» salaries by # 20,000 each.

He is scathing about the excessive cost of local government, cutting his own salary by more than half and seeking to rid the council of waste and bureaucracy, but some of his actions and remarks have caused upset — he recently praised the family values of the Taliban, and pledged to cut funding for Gay Pride events in the town before changing his mind.

To cut costs, the hospital has eliminated vacant positions, cut some salaries and revised some contracts.

Cutting their salaries wouldn't save the university money, they argued; instead, it would deprive the university of revenue from overhead costs on federal grants and deprive the state of sorely needed tax revenue.

Given that 55 % of K - 12 spending funds teacher salaries and benefits, you can't cut costs without boosting the productivity of good teachers — which requires increasing class size.

Rising costs have led states and districts to scale back their spending on instructional costs, including on teacher salaries, and cut retirement benefits for new workers.

In reality, however, despite the areas in which year - round schooling cuts costs, it also incurs additional ones: administrative, utility, maintenance, transportation, and salary costs, and many enrichment opportunities occur during the traditional summer break, making them unavailable to students in year - round schools.

The district wants to cut base salaries by 5 % to 13 % to offset the rising cost of pensions and for teachers to contribute to their health benefits.

More recently, in many districts teachers» salaries have been reduced as a result of unpaid furlough days, cuts in benefits, and other cost cutting moves.

Districts have been cutting programs and staff for several years despite annual increases in funding because of the increasing cost of things such as salaries, fuel and health insurance premiums.

Ambitious execs see a relatively large increase in their MAT budget, and hence maybe their own salary and almost inevitably begin a process of cost cutting, often resulting in inexperienced «Heads of School» being put in place to provide pretty much all the required expertise to run the school.

However, the injection comes in the context of further significant cuts faced by schools as a result of unfunded cost pressures like salary, pension and national insurance rises and other unexpected costs like the apprenticeship levy.

Moreover, extremely high (and rising) pension costs have played a role in keeping teacher salaries flat in recent years, and those costs have also contributed to large cuts in pension benefits for new teachers.

The plan encompasses salaries and benefits; programs and facilities; use of the capital spending fund, bequests income, and the League's endowment fund; as well as fundraising, and other cost cutting measures.

Two leading advisors to major law firms predicted a declining demand for legal services, a 15 % drop in net income from 2008, the inability to raise rates, additional layoffs, salary freezes and cost cutting, heavier fee discounting, expenses rising faster than revenues — and a long wait for better times.

McGrigors has announced a large - scale cost - cutting programme that will see partners taking a reduced share of the firm's profits, staff agreeing to unpaid leave, and a firmwide salary freeze.

Last month the Scottish firm announced a large - scale cost - cutting programme that will see partners taking a reduced share of the firm's profits, staff agreeing to unpaid leave, and a firmwide salary freeze.

Cutting the first - year salaries to $ 125,000 (at Howrey, where the apprenticeship lasts two years) and $ 105,000 (at Drinker Biddle, where the apprenticeship period is just six months) only covers some of those costs, the story says.

There is no pressure to cut the costs of becoming a lawyer, making it necessary to have such outrageous salaries for first years.

Leipold and other experts point out that while many law firms struggled to maintain high salaries for associates for fear that salary cuts might be seen as an economic distress signal, they've been slashing costs in other ways.

The Chasm Group, LLC and Chasm Institute, LLC (San Bruno, CA) 1997 — 2008 Business Operations Manager • Managed all daily operational tasks for leading multi-million dollar high - tech market strategy consultancy, while providing executive administration to C - level executives and venture capital partners • Developed and managed the firm's annual budget, proposing and implementing expense cuts, producing monthly reports and financial statements, and coordinating with CPA firm for accurate and timely filings • Oversaw all client relationship management efforts while cultivating new business efforts from concept to implementation, providing high - quality service in sales efforts while utilizing new lead tracking system • Negotiated and managed all contracts, stock grants, and financing arrangements, working closely with outside counsel to draft legal documents and resolve LLC - and proprietary - related issues • Led three office space build - outs and two office relocations, managing all aspects of each process under aggressive timeline and budget expectations • Reduced firm telecom expenses by 22 % by streamlining IT objectives, including migration to VOIP phone system, software / hardware purchases, domain renewals, and outsourced technical support • Directed all phases of staff recruitment while creating and implementing all HR policies and programs, including comprehensive employee benefits plans • Supervised multiple administrative staff members, conducted performance appraisals and wage / salary surveys in comparison to incentive program guidelines, and maintained HR files in accordance with legal mandates • Produced all out - going client invoices in an accurate and timely fashion to increase, cash flow and reduce aging receivables, providing consistent attention to overhead costs and vendor arrangements • Administered all company insurance policies, including E&O, general liability, bonds, partner life and disability, conducting annual benefits reviews and employee / company insurance audits • Obtained necessary certificates for consulting contracts while processing federal, state, and local business reporting requirements to maintain licenses and incorporation status • Directed all marketing efforts and oversaw logistical aspects of national educational workshop series, utilizing sponsorship arrangements to offset production costs • Transformed «brochure» website into a dynamic tool to better illustrate company opportunities through relevant case studies, as well as maintaining all other promotional media, including press kits and video Association of California School Administrators (Burlingame, CA) 1993 — 1997 Issues and Planning Committee Coordinator • Executed all phases of event planning and implementation for a membership - driven organization including 23 state committees, 5 task forces, 6 strategic planning conferences, and a conference of 1,500 attendees • Focused on facility evaluations, bid requests, site visits, contract negotiations, and all pre - and post-conference planning processes • Produced statistical and financial reports, including budget projections and cost monitoring for developmental training efforts • Oversaw all participant - level responsibilities, including inquiries, eligibility, registration, correspondence, and billing statements • Managed all legal professional standards calls for Northern California regions, including the processing of attorney authorizations, the preparation of legal assistance letters, and liens on cause of action • Served as second point of contact for computer inquiries and troubleshooting efforts as well as provided back - up executive administrative support for Executive Director, Committee Chairs, and the State Superintendent of Public Instruction • Held responsibility for software installation and hardware configuration while performing weekly AS / 400 backup and report generation

Even though companies are cutting costs, there's always the George Steinbrenner equivalent who'll negotiate a big salary with a big player, he says.

If you want your collection to include «name» «artists, expect to pay more — a lot more — due to supply and demand, and because costs must recoup expenses like a dealer's cut, studio maintenance, assistant salaries etc..