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The cuts amount to a 15 percent reduction in pay.
The four-day week – without a reduction in pay – would drastically improve our economy and our society.
BBC directors, including Thompson, will work for a month without pay for each of the next two years, Lyons said, the equivalent of an 8.5% reduction in pay.
They have been introduced to ensure bankers do suffer any reduction in pay as a result of the bonus cap being imposed by Brussels.
(Monitor Forward Plan): Trust is planning to reduce headcount and/or cost by WTE. 5% (£30m) reduction in pay costs planned by April 2013.
Beginning a steady and managed transition to a four-day working week without a reduction in pay would result in an hourly increase in wages of 20%.
His plan also includes budget language that would spare doctors a 21percentt reduction in pay next year and 5percentt cuts in future years.
His commander sought to impose another administrative penalty for this incident — which would have included a reduction in pay — but Mr. Alexis appealed.
While Partha is funding the £18,000 course himself, Wipro is giving him the time off to do it with no reduction in pay.
Some analysts were surprised by the big reduction in pay at the firm, typically the largest expense at Wall Street firms, and by the relative strength of Morgan Stanley's underwriting business.
Meanwhile, with a Friday deadline to reach a deal with its labor unions approaching, the auto parts supplier Delphi has proposed giving its factory workers $50,000 in exchange for a 40percentt reduction in pay.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com