Sentences with phrase «salary cut in»

I had the chance to interview a few CEOs and venture capitalist, and discussed with Quanergy founder Louay Eldada his 3 - year without salary and then 50 % salary cut in paycheck in year 3 when he started his company, despite a recent closing on a $ 30 million dollar - round.

Not exact matches

Healthcare and media bankers are expecting a surge in salary, although other types of Wall Street jobs may be seeing pay cuts.

While she did have $ 1.6 million in freshly raised equity capital, a cash - flow crisis that only a little more than a year before had forced her to cut salaries and staff was still fresh in everyone's mind.

In the fall of 2001, Gilbert cut everyone's salary to a lower base with increased bonus potential.

And that's after Goldman cut Blankfein's salary for the first time in four years.

This spring, he spent two weeks running the numbers and battling insomnia before making a dramatic announcement to his 120 - member staff on April 13, inviting NBC News and The New York Times to cover it: Over the next three years, he will phase in a minimum wage of $ 70,000 at Gravity and immediately cut his own salary from $ 1.1 million to $ 70,000 to help fund it.

Government has passed painful austerity measures — tax hikes and cuts to benefits, salaries and pensions — to reduce state debt and strengthen confidences in its finances.

The key sticking points remain with the owners wanting concessions on many issues, most notably an 18 - game regular season, a rookie salary cap, and a pay cut in the players» share of the overall revenue.

Morales himself, who until 1990 drew only enough money to keep his family clothed and fed, controls expenditures by paying employees a cut of profits on top of a base salary; barters for goods and services; and prepares Tomkats» advertising in - house to qualify for an agency's 15 % discount on media buys.

Peabody's problems have only expanded so far in 2015: Forecasting greater losses than originally anticipated, the company reduced its dividend, laid off workers and even cut the salaries of its top executives temporarily in a desperate attempt to keep the company afloat.

But while AOL could cut off Baker's salary, Mozilla was an independent entity, and Baker, who had become a popular and respected figure in the open - source world, remained as an unpaid volunteer for about a year, until a nonprofit called the Open Source Applications Foundation offered to restore a portion of her former salary to support her Mozilla work.

In December, as Greek policy - makers approved yet another round of budget cuts — tough legislation that caps salaries at state - owned companies, cuts many state salaries by 10 % and diminishes collective bargaining power — some 20,000 protestors jammed the streets in the country's seventh general strike that yeaIn December, as Greek policy - makers approved yet another round of budget cuts — tough legislation that caps salaries at state - owned companies, cuts many state salaries by 10 % and diminishes collective bargaining power — some 20,000 protestors jammed the streets in the country's seventh general strike that yeain the country's seventh general strike that year.

There's no evidence from either the NHL or NBA lockouts to suggest that a salary - cap system designed primarily to cut the players» share of revenue helps small - market clubs like Sacramento or Milwaukee rise in the standings.

For those in the service industry, estimating that tips amount to 10 to 15 per cent of a server's salary no longer cuts it.

According to the survey, 77 percent of millennials would be willing to take a salary cut of at least 3 percent in exchange for long - term job security.

So his salary was cut by 40 % and his pension was cut by more than half, and he started investing in real estate to make up the losses.

But you might remember him better for his appearance at a congressional hearing during the Great Recession where he pledged to take an annual salary of $ 1 and cut bonuses for management in the wake of a $ 14.6 billion company loss in 2008.

To achieve a cap of 1 per cent would most likely require an absolute cut in wages and salaries.

Mr. Price, who started the Seattle - based credit - card payment processing firm in 2004 at the age of 19, said he would pay for the wage increases by cutting his own salary from nearly $ 1 million to $ 70,000 and using 75 to 80 percent of the company's anticipated $ 2.2 million in profit this year.

The Spanish government outlined an austere 2014 budget that includes further cuts in spending by its ministries and a salary freeze for public employees despite the country's emergence from recession.

This been accomplished in several ways: 85 % have scaled back on their exploration and development plans; 68 % have reduced their marketing and investor relations budget; 60 % have already begun laying off existing employees; 40 % have implemented organization - wide hiring restrictions; 34 % noted a reduction or elimination of incentive pay; and 32 % have made salary cuts.

It is true that, in the Middle East, things happen which require the defense establishment to prepare for dealing with new extraordinary threats that require a lot of money, even more than what will be freed up by cutting the salaries of career officers or selling their company cars forcing them to arrive at IDF HQ by hitchhiking.

In a gesture of solidarity with federal workers who are being affected by the sequester, the White House announced that President Barack Obama will be giving back 5 % of his salary — the approximate amount of pay being cut from nondefense federal agencies.

Supporting pastors who rely only on a salary have received cuts in pay and benefits.

Lacazette at 26 still has time Auba would be cutting the window fine and at 60mill transfer fee plus 20 mill in salary over 4 and 1/2 years is it worth it?

It's a pretty package: a knockout wife and daughter, a clean - cut son, a Rose Bowl bid in his second season, a $ 220,000 salary and a rumor in the wind that, should Texas need a coach, Coop might get a phone call.

If your back doesn't heal in a hurry, the Niners are likely to cut their losses by cutting you, thus saving $ 500,000 against the salary cap.

If we cut down on players in the youth system we should have more money at the top to buy players and pay their salaries.

He hardly played, and just as the magic date arrived in December when salaries would be guaranteed for the year, he was cut.

And that is important because veterans who aren't on the active roster in Week 1 can be cut at any point after they do sign, and the team won't owe them the balance of their salary for that season.

they deff waste money bringing him in cause he's not a draw and is minimal on talent, take that out of other people's salary and in effect make them cut corners elsewhere, and this shooting strategy ends up biting them in the ass now because of it.

The quickest way to help a cap problem is to cut salary on the most expensive position in the game, the QB.

He should look for employment in a newly promoted club at a salary cut or start afresh in the championship.

There's no point throwing unlimited money around as there is a stringent salary cap in the Premier League, so even the richest clubs have to cut their cloth accordingly.

Reed will count more than $ 10 million against the salary cap in 2018 and at least $ 9 million in the three seasons after that, but Washington can save $ 8.3 million in 2018 by cutting him with a post-June 1 designation.

Walker doesn't want to leave Boston again when he becomes a free agent this summer, but he also doesn't want to accept anything close to a $ 10 million cut in his current $ 14.6 million salary.»

In another high - profile ballot initiative, residents in Mt. Prospect - based River Trails Elementary District 26 must decide whether to raise their tax rate 13 percent to pay for teachers» salaries and to stave off program cutIn another high - profile ballot initiative, residents in Mt. Prospect - based River Trails Elementary District 26 must decide whether to raise their tax rate 13 percent to pay for teachers» salaries and to stave off program cutin Mt. Prospect - based River Trails Elementary District 26 must decide whether to raise their tax rate 13 percent to pay for teachers» salaries and to stave off program cuts.

«I find it unacceptable that hospital executives are crying to the legislature about how much budget cuts would hurt their hospitals and they are being paid excessive salaries in the millions of dollars,» the assemblywoman said.

With starting salaries of # 12,097, staff in the MCA have also been expected to stomach a pay cut in real terms with pay rises averaging just 2.5 % for many and the most experienced staff receiving pay increases of less than 1 %.

Levy, who is seeking the GOP nod for governor, said the new state legislation creating a tier five for new state and municipal employees would cut the overtime allowed in the final average salaries to 15 percent, but the impact of that measure will not be felt for decades.

Levy, in a Hauppauge news conference Tuesday, said the 20 percent of overtime that state, school and municipal employees are now allowed to include as part of their final average salary should be cut to 10 percent.

Advocates noted that even before Hurricane Maria, Governor Ricardo Rosselló was set to impose cuts in worker hours and salaries, including a 10 percent cut to pensions.

In the last two years, 400 workers were cut from the agency and 100 department supervisors» salaries were reduced in late 201In the last two years, 400 workers were cut from the agency and 100 department supervisors» salaries were reduced in late 201in late 2010.

In addition, Lt. Governor Robert J. Duffy and newly hired senior members of the Cuomo Administration who are filling existing positions in the Executive Chamber are also taking salary reductions and have agreed to take a pay cut of 5 percent from their predecessors» salarieIn addition, Lt. Governor Robert J. Duffy and newly hired senior members of the Cuomo Administration who are filling existing positions in the Executive Chamber are also taking salary reductions and have agreed to take a pay cut of 5 percent from their predecessors» salariein the Executive Chamber are also taking salary reductions and have agreed to take a pay cut of 5 percent from their predecessors» salaries.

The average superintendent salary this year is $ 166,500; So a 5 percent cut in superintendent salaries would save $ 8,325.

In the past, Congress has gotten around this by passing a resolution cutting the salary for the office at stake back to what it was before the nominee's most recent election.

Up until six years ago, governors routinely signed legislation shielding NYPD, FDNY, Department of Corrections and Department of Sanitation workers from cuts made to disability payouts for civil servant in less hazardous fields — allowing them to receive 75 percent of their former salary.

The overtime cuts in his department did not come with more money in salaries, like the police department.

Grand Island Supervisor Nathan McMurray will propose a radical change in town government at a Town Board work session Monday with a proposal to hire a town manager and cut salaries, including his own.

On another Quigley note, the supervisor may be sending a signal to unions, with whom he's negotiating new contracts, by cutting his salary in next year's proposed town budget from $ 48,000 to $ 44,000 a year.