"In the space of the past week it has raised six-month T-bills, tapped into the bank deposits of pensions and public sector salaries, postponed government payments for supplies to the public and private sector, and approached the Greek subsidiaries of multi-national companies for short-term loans," the Guardian's Helena Smith reported from Athens on Thursday.
Last week, DePinho announced that because of financial pressures, MD Anderson is freezing staff salaries and postponing some capital projects.
Substantial proportions of organizations are tightening their belts further, cutting administrative costs, creating collaborative relationships with other nonprofits, instituting salary freezes, postponing new hires and relying more heavily on volunteers.
The Yankees are hopeful of reaching at least a one-year agreement with catcher Jorge Posada soon, which would enable them to postpone a salary arbitration hearing scheduled for next Wednesday.
For instance, a spouse might ask his or her employer to postpone a salary adjustment or other bump in income.
(a) In each of the four years in question, Congress intended in effect to repeal or postpone previously authorized salary increases for federal judges, not simply to consign such increases to the fiscal limbo of an account due but not payable.
The state in recent months, even as it races to complete a new subway line and other key pieces of infrastructure promised for the Olympics, has missed crucial debt payments and has been forced to postpone purchasing and salary payments for everyone from public health workers to police.
Earning a full salary while working makes it easier to postpone filing for Social Security, which, as the numbers show, just means a bigger payday when you decide to collect.
Many are cutting costs by freezing or reducing salaries, suspending hiring and postponing building maintenance and construction.
The city's firefighters were scheduled to get a 2% salary increase last year, but due to budget shortfalls, the association agreed to postpone the increase until September, which helped the city to balance its 2010-11 budget, said City Manager Fred Wilson.
