Sentences with phrase «reduce your salary by»

New York Gov. Andrew Cuomo has reduced his salary by 5 percent.

If I threaten to reduce your salary by $ 1000, and you threaten to reduce mine by $ 1000 as payback, if your salary is $ 10K / year, and mine is $ 1M / year, you're going to suffer terribly, and I'm not even going to notice.

In line with our Flexible Work — 48/52 Policy, you may also be eligible to purchase additional annual leave by reducing your salary by the nominated weeks and then annualising this salary across the full year.

Not exact matches

So if you are in a 33 percent bracket, the salary you pay your child reduces your tax by $ 33 for every $ 100 you pay them.

In addition, the U.S. unemployment rate has been reduced to 4.6 % and employee salaries are projected to grow by 3 % in 2017, according to WorldatWork.

Ghosn has also agreed to cut his salary by about 30 percent, Renault confirmed, securing government support for his reduced package.

So I made them an offer: I would pay 100 percent of my own moving costs, I would join at a reduced partner salary (I know that $ 170,000 is not small by most standards, believe me), and if we didn't raise another fund they wouldn't have to pay me anything else.

All I know is, all corporate employees received their full salaries since the roll out in May 2013 but those of us who are on the front lines had our earnings reduced by half or more and are still trying to rebuild.

Blockchain technologies are capable of reducing the amount of human workers needed, reducing salary costs, eliminating the need for a business to own / rent and operate infrastructure, and making the record of data kept by the business less susceptible to fraud & and manipulation.

As an S - corporation, she could reduce the impact of self - employment taxes, because she could pay herself a salary equal to the salary paid by an employer.

In response to shareholder feedback, the company revamped its executive compensation program by introducing a formulaic bonus scheme (which included metrics based on TSR, production, expenses, and margins), conditioning equity awards on performance metrics (relative TSR and absolute cash flow), and reducing Mr. Nichols» salary by one - third.

Such a system would slow the race to the top of the salary pile and reduce the power exercised by the larger churches in attracting pastors.

The Icelandic international is still technically employed by Monaco so his salary remains tax free which reduces his impact on the wage bill.

During those times, according to local reporting, Quinnipiac was in the midst of «a building boom,» including «a new, $ 52 million hockey and basketball arena» while also «freezing senior management salaries, ending job searches, and reducing operating budgets by 5 percent.»

Getting straight to the point: Raddy touched on this earlier, but from the inception of the Football League, players were governed by a «salary cap» [hey, weren't we just talking about the possibility of reintroducing salary caps to reduce the humongous payouts to players?]

«As a state worker, and I believe I speak for most of us, I don't believe we would be as up in arms about negotiations if we saw that Gov. Paterson and our legislators were doing their best to also reduce their salaries, their perks, their staffing patterns and to get their job done, by passing a budget.»

The 50 percent limit on backfilling those positions means the $ 17 million in savings could only be reduced by about half that amount, especially since most new hires would start at lower salaries.

The plan would reduce a worker's salary by the amount they pay in income taxes and convert the money to a payroll tax paid by the employer.

We have a situation in which not too long ago Senior Minister, Hon Osafo Marfo, on the 7th August, 2017 informed members of the public of plans by government to downsize the public service in order to reduce the impact of wages and salaries on the country's fiscal space and create the needed efficiency to execute more projects for the masses.

New Paltz's Village Board retained attorney David Wise this past Thursday to defend a lawsuit filed by West, who claims that the village board's decision in May to reduce his salary from $ 35,000 to $ 22,500 was illegal, and that its adoption violated New York State's Open Meetings Law.

They are also angry at plans by the company to close the main final salary pension scheme to future accrual, reducing the total pay package of each affected employee by typically around 20 per cent.

In addition this would seem a harsh way to treat those injured in the line of duty in particular, by reducing their salary and denying them any injury award entitlement — hardly an encouragement for officers to put themselves in the line of fire to protect the public.

Government reforms have reduced the average value of public sector pension schemes by around three per cent, from 24 per cent to 21 per cent of salary, the Pensions Policy Institute (PP) has said.

proposed by the Poloncarz administration on March 29 to increase the wages of approximately 250 DSS employees in order to reduce turnover and bring salaries closer to comparable counties.

According to the mayor, the state budget reduced education spending next year by $ 1.2 billion, while the city also lost $ 850 million in federal stimulus money that's used to support teachers» salaries.

Attempts to reduce the Legislators» salaries last year were blocked by members of the Majority Caucus and the County charter does not allow salary reduction legislation to be voted on during an election year.

In particular, Legge 133/08 will reduce the national budget for core expenses such as salaries, building maintenance, and research support in Italian universities by $ 63.5 million for 2009, a cut that will rise gradually to $ 455 million by 2013.

The cost of training and the loss of salary due to time spent out of the workforce can easily reduce a teacher's real compensation during her first five years by 25 percent or more.

In other words, even when an ERI program creates substantial savings for school districts by reducing teacher salary costs, it still can cost the state money through higher pension payments.

A 2010 study of declining - enrollment districts by Pacey Economics Group found that, while districts face real challenges reducing transportation costs, they do have flexibility on «other categories such as other supporting operations and maintenance, instructional salaries and benefits, food service, and administration.»

Some in the education sphere, particularly unions, believe this will allow schools to manipulate their pupil admissions and reduce costs by lowering staff salaries or even limiting their pupil intake.

Even when they are told that «reducing average class sizes by three students would cost roughly the same amount as increasing teacher salaries by $ 10,000,» 44 percent of Americans select class - size reduction, whereas 28 percent select increasing teacher salaries.

Class Size Reduction Question: Reducing average class sizes by 3 students would cost roughly the same amount as increasing teacher salaries by $ 10,000.

One group of survey respondents, randomly chosen, was told, «Reducing average class sizes by three students would cost roughly the same amount as increasing teacher salaries by 13 % or buying $ 10,000 in new books and technologies for each class every year.»

For school - age children, Krueger would begin by reducing class size and increasing teachers» salaries, especially in schools serving low - income communities.

The United States would have to reduce teacher salaries about 5 percent below their current average of $ 41,460 and increase class size by 10 percent — to nearly 17 students per teacher — to be optimally efficient, the researchers said.

They have already voted no to across the board teacher salary increases and continued the freeze on teachers» salaries that has been in place for 5 years (at the same time passed a tax break for the wealthy, and now, with reduced revenue can not give raises), increased class size, taken away additional pay for Masters degrees, eliminated most of the state's teacher assistants, gone after tenure and offered the top 25 % of the teachers in a district $ 500 to give up their tenure immediately, increased the number of charter schools (many funded by Republicans in the private school business) and finally, the most recent scheme pondered is to let kids go to any school in the state regardless of their home county.

· Teacher compensation should be restructured to provide more incentives tied to performance, first by significantly reducing the number of steps on the salary scale, and then by phasing in a performance based system as the value - added assessment model evolves to the individual classroom level.

In the event of a reduction of duty days, the salary schedule shall be reduced by.5 % for each day reduced.

«He's got 35 years of experience, 58 years old... and he's expecting to have his salary reduced by 30 percent next year.

While this brief focuses on Act 10's impact on Wisconsin teachers based on the data available, the same forces driving changes in the teaching workforce can also affect the broader public sector.3 Proponents of Act 10 insisted that reducing collective bargaining rights for teachers would improve education by eliminating job protections such as tenure and seniority - based salary increases.

The final budget bill cut state K - 12 spending by nearly $ 800 million, over7 percent — the largest amount in Wisconsin's history — and limited local governments» abilities to make up for these cuts through property taxes.14 That same year, Gov. Walker passed major tax cuts primarily targeted toward corporations and the wealthy that totaled $ 2.33 billion over 10 years.15 Gov. Walker and Act 10 proponents argued that the bill's reforms would allow schools to offset these cuts by reducing teachers» benefits and hiring lower - paid teachers, preventing budget cuts from affecting students.16 Gov. Walker also argued that eliminating requirements to bargain over salary structures, hiring, and working conditions would give schools additional flexibility needed to attract and retain higher - quality teachers.17

Teachers in the CPC program have at least a bachelor's degree along with a certification in early childhood education.18 Staff compensation is relatively high compared to most preschool staff, mirroring the salary schedule of the Chicago Public School system, which reduces teacher turnover.19 In addition to teachers and classroom aides, students also are monitored by parent volunteers, home visit representatives, clerks, nurses, speech therapists, and other administrative staff who are associated with the public school program.

Either you pay from your own pocket and then you get income tax relief on the payment, i.e. your gross salary is reduced by the gross pension contribution and income tax is recalculated with the excess either refunded to you or put in your pension (the details are a bit more complicated depending on your marginal tax rate, but the end result is the same).

Transition to retirement (TTR) pension: A TTR pension allows you to reduce working hours in the lead - up to retirement without reducing take - home pay, or to continue working full time and make tax savings by salary sacrificing heavily into super and supplementing take - home pay with a super pension.

If Bruce pays tax on his salary at 39 %, he can reduce his tax bill by $ 1,170 (39 % of $ 3,000).

«If the total student loan debt at graduation exceeds the student's annual starting salary, the student will struggle to repay the debt without alternate repayment plans that reduce the monthly payment by increasing the term of the loan (which also increases the total cost of the loan).»

By sacrificing $ 10,000 of salary to her super, Sandra is reducing her take - home pay.

While it may not be as easy to dramatically increase your salary, you can give your income a nice boost by picking up a side gig or taking on a roommate to reduce your monthly mortgage burden.

Thus, employed taxpayers could help reduce or eliminate interest charges by increasing their salary withholding enough to offset estimated payments.