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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: raise

raise stories: 3 news summaries

 S. African 
 World Cup 
 Laborers 
 End Strike 

Workers building new stadiums negotiate 12% pay raise

Jul 15, 09 2:09 PM CDT
(Newser) - South African construction workers tasked with building facilities for the 2010 World Cup today called off their week-long strike after 15 hours, clearing a major obstacle in the country’s preparations to host to the world’s most watched sports competition, AFP reports. Construction firms agreed to give the roughly... More »

MORE ABOUT:
World Cup • construction • South Africa • strike • stadium • FIFA • 2010 World Cup • raise

(Newser) - Citigroup will raise salaries for investment bankers and traders as much as 50% to offset a steep falloff in bonus pay and keep the company’s compensation package competitive, Bloomberg reports. Other employees, like those in the consumer banking section, will receive smaller raises. Citi, which took $45 billion in... More »

MORE ABOUT:
Citigroup • executive compensation • salary • Citibank • investment bankers • bonuses • stock options • financial crisis • Wall Street bailout • traders • raise

(Newser) - The economic crisis and outdated business models are forcing steep cuts at three venerable news organizations. The New York Times today announced a 5% pay cut for all employees, who were offered 10 extra days off as compensation, "in a spirit of shared sacrifice and as a way... More »

MORE ABOUT:
New York Times • Washington Post • NBC Universal • recession • salary • buyout • NBC News • pay cut • raise

3 Stories


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