Sentences with phrase «salary reductions for»

States and districts with large unfunded liabilities are now scrambling to find the dollars to pay up, resulting in painful cuts in other areas, including salary reductions for current teachers.

It might mean major re-negotiations with organized labor, because the switch to a payroll tax would also technically cause a salary reduction for workers.

Not exact matches

The finance industry is built on processing information, which makes it an ideal industry for automation and reduction of salary expenditure, according to a new report from PwC.

A highlight here for personnel that grew 0.1 % year - on - year, a good performance, but looking to the structural part of it, there are salaries and benefits, we had a reduction of 1.7 % despite the 2.7 % increase in salaries last year.

Question: Will the fiduciary standard for brokers compel employers that offer salary reduction retirement savings plans ie 401 (k), 457 (b), 403 (b) to make sure that no - load / de minimis cost investment funds are on the plan's investment menu?

Despite this ~ 30 % reduction, the revised pay opportunity is still somewhat staggering (a combined short - and long - term incentive opportunity of 10x salary for Sir Martin); whether it's enough to mollify shareholders remains to be seen.

By that he meant a total cap on player salaries, which is a main element of the new agreement — an $ 825,000 per annum maximum payroll for each club, to be achieved by mandatory annual 10 % reductions.

I desagree regarding JW being ordenery he is not he is a weary special player but injury players on his mind and he canot shake it off so soon it takes a long time for injuries forgotten, as for salary even with a salary reduction he will still earn more then most Totenham players so he should shut up and if he becomes injury free and players like he realy can then I'm sure Arsenal will top his wages

«I would simply offer his current salary with a pro rata reduction for matches missed rather than lower his salary.»

Schneiderman charged then that in order to make up for a $ 5,000 reduction in annual salary he would be paid as mayor (he previously served as city clerk and treasurer), Ortt and others devised a pass - through scheme to pay his wife for a no - show job.

The review will examine NYRA's response to two earlier comptroller audits, which called for significant cost reductions, including salaries and consultant fees, DiNapoli's office said.

«Given the savings that the department must make over the next few years, we recommend that it review its practice on bonuses and consider whether, within government guidelines, increasing performance - related bonuses for those at the lower end of salary scales, with a consequent reduction for its higher - paid senior staff, might help to improve staff morale,» the report stated.

Maynard's pension would not amount to much because state senators» part - time salaries aren't high enough, he would have logged only 10 years of employment, and he would be facing substantial reductions for early retirement before the age of 62.

His multi-part plan, among other things, calls for a 2 percent cap on property taxes; no increase in sales, income and business taxes; a freeze on public - union salaries — and a reduction of government agencies by one - fifth.

Vote for those candidates who can cut spending, maybe they should start with a 30 % reduction in salaries and staffing across the board in the NYS legislature.

And some institutions that ostensibly hiked pay also added kickers, requiring postdocs to pay more for health care or otherwise «adjusting fringe benefits» in ways that produced «an overall reduction in salary,» McDowell adds.

No individual reform on the public agenda — neither merit pay, class size reduction, salary jumps for teachers, nor Race to the Top — can claim or even hope for anything close to that level of impact.

Hawaii decided to fix their budget shortfall by eliminating 17 days from this school year in exchange for an 8 percent reduction in teacher salaries.

The government now offers two kinds of benefits: a dependent - care tax credit — equal to 20 to 30 percent of expenses, depending on parents» income level — that limits expenses to $ 2,400 for one child or $ 4,800 for two or more children; and so - called «salary reduction plans» that permit parents to have day - care costs withheld from their salary and reimbursed by employers without being taxed.

When state law essentially guarantees public employment for ineffective teachers in California, low - income families pay one way or another — either in the form of salary incentives to retain and redistribute effective teachers, reductions in other services required to pay for those salary incentives, or because such policies usually fail to completely offset the burden, in terms of the lowered achievement of their children.

However, most courts that have historically entered into educational policy areas other than funding have discouraged real structural changes, focusing instead on the continuation of past policies, such as class size reduction or across - the - board salary increases for teachers, which carry with them increased funding.

Using an average teacher salary of $ 55,000, the class size reduction would have a minimum cost across the PARCC and SBAC states of $ 3.1 billion or $ 1,046 per student — 1,561 times the cost of the annual textbook study, for a slightly larger benefit!

The pension factor represents years of service, the age factor allows for a possible reduction should a member choose to retire early, and the final average salary is derived from a member's highest three or five consecutive school year salaries, depending on when he or she enrolled.

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

In Wake, that may mean an increase in the property tax rate to increase revenue for the county government to pay for these additional teachers, but what is more likely to happen is a reduction in other parts of the school budget for teacher salaries.

A provision that would require a reduction in school - board member salaries if they are not aligned with starting pay for district teachers.

DPI staff presented the latest cuts to members of the State Board of Education this week, although they pointed out this year's $ 300,000 cut allows the administrative office the flexibility to use lapsed salary dollars — in other words, cash slated for unfilled positions — to meet the reduction, rather than forcing the agency to ax more jobs.

According to New Haven's district director of instruction, shutting down the center would mean a cost reduction of $ 135,306 for the principal's salary (Swaby, 2016).

For example, your income may be lower this year due to job loss or a salary reduction.

Contributions are made through salary reduction in one of two ways: either as a percentage of salary for the year, or a specific dollar amount.

Savings Incentive Match Plan for Employees (SIMPLE) allow employees to make salary reduction contributions while the employer can make matching contributions directly to an IRA set up for each employee.

As an employer, you must match each employee's salary reduction contribution on a dollar - for - dollar basis up to 3 % of the employee's compensation.

A faculty member having tenure under the provisions of this chapter may be removed for cause from his or her position or subjected to reduction of salary only for one or more of the following reasons: A. Incompetence.

... as drafted, the proposed legislation not only sets the stage for across the board wage freezes and restrictions on individual salary movement within range, but is also broad enough to allow for compensation reductions as well as a host of changes to non-compensation provisions of collective agreements.

But this salary is subject to payroll taxes which can defeat the purpose of setting up a corporation for tax reduction purposes in the first place.

At the origin of the request for a preliminary ruling is a special administrative action brought before the Supremo Tribunal Administrativo (Supreme Administrative Court, Portugal) seeking the annulment of salary - reduction (administrative) measures of the judges of the Tribunal de Contas (Court of Auditors, Portugal).

In the civilian jurisdiction a person convicted of an offence of, for example, assault or battery would not ordinarily be in any danger of losing pension entitlement or suffering a reduction in salary.

The university imposed a 30 % reduction in salary for staff who were taking such action.

«Since 2013 there has been a 70 per cent reduction in employment tribunal claims and I have experienced first - hand situations where clients have, for example, not been paid their correct final salary payment from a former employer and have not been able to pursue a claim as they can not afford the fees.»

(C) In the case of an employee who is eligible to purchase coverage under an eligible employer - sponsored plan sponsored by the employee's employer, the required contribution is the portion of the annual premium that the employee would pay (whether through salary reduction or otherwise) for the lowest cost self - only coverage.

Although employers pay for HRAs, an HRA can not be provided by salary reduction or IRC Sec. 125 plans.

For example, if your salary has changed dramatically or if you have proof that you ex is not using the money properly, you can ask for a reductiFor example, if your salary has changed dramatically or if you have proof that you ex is not using the money properly, you can ask for a reductifor a reduction.