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In a filing with the Securities and Exchange Commission, the company noted Malhortra’s annual salary would drop from $925,000 to $832,500 for a six-month period. Last year, Malhotra’s total ...
A recent working paper published in the National Bureau of Economic Research found that out of more than 2,500 workers collecting unemployment benefits in Illinois, 60% would have accepted a pay ...
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A 2018 University of Washington study which investigated the effects of Seattle's minimum wage increases (from $9.50 to $11 in 2015 and then to $13 in 2016) found that while the second wage increase caused hourly wages to grow by 3%, it also caused employers to cut employee hours by 6%, yielding an average decrease of $74 earned per month per ...
Leave of absence. The labour law concept of leave, specifically paid leave or, in some countries' long-form, a leave of absence, is an authorised prolonged absence from work, for any reason authorised by the workplace. When people "take leave" in this way, they are usually taking days off from their work that have been pre-approved by their ...
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Employers have had enough and are starting to cut salary offers by as much as 47%, according to analysis of 20,000 job postings
Salary cap. In professional sports, a salary cap (or wage cap) is an agreement or rule that places a limit on the amount of money that a team can spend on players' salaries. It exists as a per-player limit or a total limit for the team's roster, or both. Several sports leagues have implemented salary caps (mostly Closed leagues ), using them to ...
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