Sentences with phrase «reducing salary costs»

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.
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.

Not exact matches

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.
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.
So if salaries are reduced, pension costs would also go down.
Accordingly, the Center implores the President to reduce the number of deputy ministerial nominees sent to Parliament for vetting and approval; and additionally calls on the President to publish the salaries and emoluments of all appointed public office holders so Ghanaians can begin to appreciate the true of cost of governing the country.
She supports a salary that's adjusted for cost of living changes, partially because better compensation could help increase the Legislature's diversity and reduce incentives for the sorts of behavior that's played a role in many of the scandals which have plagued Albany since the last increase, when salaries were raised to $ 79,500 in 1998.
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.»
You'll be paying their salary and absorbing the costs associated with their reduced productivity and novice mistakes, only to let them go, depriving their teams of the help they were hired to offer, and causing further delays and work disruptions.
In other words, while an early retirement program reduces teacher salary costs, it still can cost the state money through higher pension payments.
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.
If so, education leaders might want to make available more funds for the salaries of teachers of remedial courses and, if necessary, look for other areas in which costs can be reduced.
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.»
Along the same lines, parents (53 %) are also more likely than the public (46 %) to think money should be spent on reducing class size rather than increasing teacher salaries or buying new books and technologies — unless they are told the relative cost of each policy.
Therefore, teachers and their salaries are a key cost driver tied to student enrollment... However, it is not always possible to reduce teacher costs proportionate to losses in revenue.
Instead of salary increases, more often than not teacher compensation is being reduced through methods such as mandatory furlough days, higher co-pays or deductions for health benefits, a freeze on cost - of - living allowances, and so on.
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.
They can now trim their budgets since the ultimate goal of SB24 is to reduce labor costs... less experienced teachers, the lower the salaries.
This work can be double - checked against the figures in the 2015 budget when — under slightly different numbers for grade 1 enrollment and average teacher salariesreducing the grade 1 allotment ratio from 17 students to 16 students was calculated to cost $ 27 million.
Built into the difference or markup is the store owners» proportional cost of rent and other overhead, the salaries of the salespeople, some compensation for the risk that the price may have to be reduced if the stereo doesn't sell, and a profit for themselves.
«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).»
This can result in lower salaries and can reduce the overall cost.
But in general, the most efficient way to reduce daycare costs is to provide subsidies or put in place a cap on fees to ensure they're in line with salaries.
Employment of MLVPs can reduce the cost of veterinary care by allowing individuals earning a lower salary to increase the volume of cases seen through delegation.
By that logic, fewer judges would be needed to deal with more cases, reducing the cost of judicial salaries and pensions and the court estate.
Small businesses that had small staff and salaries in the first place, though, have looked elsewhere to learn where they can reduce costs and increase revenue.
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.
Putting a salary exchange arrangement in place will help to reduce these costs.
Today's economic challenges are compelling in - house attorneys to significantly reduce their own costs, while fees paid to outside law firms have tended to increase at rates higher than employee salaries, energy costs, and other business expenses.
A growing demand for legal services; greater volume of work; higher expectations; quicker turnaround times; higher lawyer salaries; higher operating costs; reduced budgets and lawyer attrition are some of the challenges that lawyers face today.
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
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