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NEWS ABOUT: employee

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Wall Street Bonuses Fall 44%

State may lose $1B in tax revenue

(Newser) - Wall Street firms still dished out end-of-year bonuses in 2008, but they were a lot smaller. Cash bonuses fell 44% from the year prior, from a total of $33 billion to $18 billion, Reuters reports. That drop may take $1 billion in tax revenue from New York state, which is... More »

Wal-Mart Will Pay $640M to Settle Wage Lawsuits

(Newser) - Wal-Mart will pay up to $640 million to settle 63 state and federal class-action lawsuits that alleged it forced employees to work off the clock and skip breaks, the New York Times reports. The lawsuits involve hundreds of thousands of former and current hourly wage workers. The settlement—it will... More »

Out of Work on Wall St.? Call This Number

But feisty employment lawyer tells clients not to sue these days

(Newser) - Tens of thousands of Wall Street workers are jobless these days, which means good business for Jeffrey Liddle. The New York employment lawyer, known for winning millions in damages for out-of-work bankers and brokers, has seen an influx of clients lately. But now he's telling clients not to sue ex-bosses:... More »

Tough Times Turn Mean Bosses Even Meaner

Workers fear losing jobs, take abuse

(Newser) - If your boss was a jerk before the economy went south, chances are things have gotten worse. “Employers are definitely getting meaner,” the editor of one career blog tells MSNBC. Knowing that employees may be fearful about leaving in an uncertain job market, the worst managers are pressuring... More »

Doctors Fume Over Website Selling Fake Sick Notes

Australian physicians want it shut down

(Newser) - In an Internet version of a classic schoolboy trick, a website is peddling fake doctors' notes to Australians looking to get some paid time off, reports news.com.au. The $40 certificates have infuriated the medical community, which wants the police to step in. Two backpackers reportedly set up the... More »

Big Brother Boss Turns Eye on Home Workers

Employers take screenshots and photos

(Newser) - Think working out of a home office means wearing your jammies and watching YouTube? Not unless you want the boss to see what you watch in your Mickey Mouse PJs. As telecommuting rises, employers are tracking their workers by taking screen snapshots, recording keystrokes, and even taking pictures of workers... More »

Angry Worker Blasts Yahoo in Email

Missive blames office politics, lousy execs for sinking company

(Newser) - A sarcastic Yahoo employee slammed the company in an email sent to Fortune today, taking aim at futile executives and lousy decision-making. In the wake of Yahoo's latest shakeup, "things could not be better," the email says: True, past "reorgs" were sparked by pointless executive shifts, but... More »

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