Salary
NHL’s salary cap set at $64.3 million
Jun 23rd
National Hockey League teams will be able to spend as much as $64.3 million US on salaries for 2011-12.
The league also confirmed the lower limit, or floor, has been set at $48.3 million. More >
Teachers are laid off due to state budget cuts
Jun 9th
The Clark County teachers union said Monday it won’t agree to salary and benefit concessions even if it means teachers are laid off due to state budget cuts.
The budget passed by the Nevada Legislature and likely to be signed by Gov. Brian Sandoval calls for teachers to take a 7.5 percent pay cut. Under that scenario, Clark County School District officials said they could limit layoffs to a few hundred employees.
Nationality-based salary discrimination causing discontent
May 25th
The discrimination in salaries between Western and Asian expatriates is causing discontent among the Asian workforce in Qatar, human resources officials have said. More >
Employee Rewards and Benefits News
May 19th
Salary sacrifice schemes ‘are more prominent in the public eye’
Salary sacrifice schemes are growing in popularity, according to one consultancy, which said an increase in awareness is helping to drive uptake. More >
Standard CEO’s salary is half that of his peers
Apr 28th
Standard Bank (JSE:SBK) CEO Jacko Maree runs Africa’s largest bank by far but is the worst paid of SA’s Big Five banks.
For years the pacemaker among SA banks, Standard Bank was humbled recently and, in an attempt to reduce costs, retrenched 1 641 employees. This took a toll on profits and the share price. More >
Jobs that pay women more than men
Mar 29th
Women still don’t earn as much as men overall, but they’re getting closer. Women now get about 81 cents for every dollar that men earn — up from 76 cents in 2000, Forbes reports.
Men earn more in almost every type of job across the board. Except for 15 of them. A study by the Bureau of Labor Statistics found 15 professions in which women outearn men — sometimes by a lot. More >
