Exact(31)
They receive an advance of what they expect the company to earn, so wages reduce alongside performance.
As a centrist Democrat, Clinton believes that more needs to be done to raise wages, reduce inequality, and promote social mobility.
But the commoner reaction to falling demand was to cut hours and wages, reduce benefits and insist on more flexible working conditions.
Some players will inevitably be sold if Wigan's Premier League stay does end in May, but Jackson says the club's players have standard contracts that stipulate wages reduce substantially on relegation, to ensure the books will still balance.
The government plans to cut public sector wages, reduce most welfare benefits, raise the retirement age and cut spending on schools and health care to reduce the budget deficit.
This, he explains, is why unemployment rose less in Ireland.So peripheral countries face a dilemma: they need lower real wages to regain competitiveness, but lower wages reduce nominal GDP which makes fiscal consolidation harder.
Similar(29)
The new regime cut wages, reduced welfare assistance and raised food prices.
He eventually cut the city work force by 65,000, froze wages, reduced services, raised taxes and restructured the budget.
Plummeting wages, reduced benefits, lower business taxes, more profit opportunities in the public sector – nothing seems to be enough.
With the economy slowing, some employers are looking for ways to cut expenses and improve profits by freezing wages, reducing their work forces or streamlining operations.
The co-chairmen also wisely propose a cut in the corporate income tax, which holds back both investment and wages, reducing it to 26 percent from 35 percent.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com