salary

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NY Lehman Crew Gets $2.5B Bonus Pool

European workers, unsure of salaries, furious at payout

(Newser) - Some 10,000 New York Lehman Brothers employees will share bonus pay of $2.5 billion, sparking anger among the investment bank’s European workers and critics of unfair compensation in the imploding finance arena, the Independent reports. The money was arranged before Lehman declared bankruptcy. Lehman’s British staff,...

The 10 Best-Paid Actors
 The 10 Best-Paid Actors 
Jul 23, 2008 11:01 AM CDT

The 10 Best-Paid Actors

From the Fresh Prince to Captain Jack Sparrow, stars aren't sweating the small notes

(Newser) - Hancock isn't the "have you seen it" superhero movie of the season, but star Will Smith isn't crying in his beer: The ex-Fresh Prince raked in $80 million in the year that ended June 1. The rest of the Forbes top 10:
  1. Johnny Depp ($72 million)
  2. Eddie Murphy ($55
...

College Grads Learn the Fourth 'R': Recession

Job growth crawls to 5-year low as students prep their résumés

(Newser) - If college grads are looking glum this year, it's likely because they face a tighter job market once they turn their tassels. More than one million grads will look harder to find work, the Christian Science Monitor reports, and job growth has hit a 5-year low. Companies "are just...

Italy Puts All Salaries Online
Italy Puts All Salaries Online
May 1, 2008 4:12 PM CDT

Italy Puts All Salaries Online

Critics hammer 24-hour privacy breach as residents check up on neighbors, celebs

(Newser) - The outgoing Italian government posted all citizens’ earnings and tax information, briefly, on the Internet yesterday, sparking outrage over lost privacy, the BBC reports. The site was quickly clogged by Italians checking up on neighbors’ and celebrities’ financial status. The information went offline after about 24 hours in response to...

Under 35's Break Salary Talk Taboo

Gab helps them navigate workplace and plan nights out

(Newser) - Unlike mom and dad, young Americans are likely to gab about salary with friends, the New York Times reports. To older generations, "it’s very hush-hush," one 22-year-old said. "You don’t talk about money, politics, or religion with friends. But in this generation, it’s important....

Cuba Loosens Limits on Home Ownership, Salaries

State workers can now own houses; salary cap is gone

(Newser) - Raul Castro continues to lighten up on some of Cuba's least popular restrictions, ending salary caps and allowing retiring state workers to take title to the homes they live in. Government employees, including members of the military, sugar and construction workers, doctors, and teachers, will now be able keep their...

NYC Charter School To Pay Teachers $125K

Only public funds and grants to be used in test of teacher quality

(Newser) - A New York City charter school plans to employ a radical new setup meant to test the value of teacher quality over extras in the educational experience, the New York Times reports. Though the Equity Project, set to open in 2009, will have large classes and fewer classroom resources, teachers...

Apple Shareholders Demand Say on Executive Pay

Union proposal OK'd at annual meeting

(Newser) - Apple shareholders have approved a motion giving them some input into executive pay levels, the San Francisco Chronicle reports. "I hope it will help me with my $1 a year salary," quipped CEO Steve Jobs after the vote at the company's annual meeting—though Jobs bags millions of...

Phillies' Howard Wins $10M in Arbitration

First baseman gets record amount after rejecting smaller deal

(Newser) - Philadelphia Phillies’ Ryan Howard won big in his salary arbitration case today, getting $10 million instead of the $7 million his team had offered, the AP reports. The figure is the highest salary a player has scooped in an arbitration victory. “We negotiated right up to the courthouse steps,...

Comcast to Pay Founder After Death
Comcast to
Pay Founder
After Death
Dec 29, 2007 12:17 PM CST

Comcast to Pay Founder After Death

Heirs will receive paychecks for 5 years; wife gets benefits for life

(Newser) - Death won't stop Comcast's founder from being paid: A deal signed last week ensures that his heirs will receive checks for five years after Ralph J. Roberts, 87, dies, the AP reports. They will also get unpaid funds from his annual performance-based bonus, and his wife will receive health and...

Witherspoon Rises to Top of Salary List

America's latest sweetheart commands up to $20M per movie

(Newser) - Rendition was a dud, but Reese Witherspoon's peachy $15 million to $20 million fee per movie puts her atop this year’s highest-paid actress list. But she and other leading ladies—such as runner-up Angeline Jolie—often accept lower payoffs to keep their schedules packed, the Hollywood Reporter observes.

Job Market Shrinks for Lawyers
Job Market Shrinks for Lawyers
Sep 24, 2007 1:10 PM CDT

Job Market Shrinks for Lawyers

Lots of new grads, but big salaries are hard to come by

(Newser) - Lawyers are entering the work force in record numbers, but demand—and salaries—aren't keeping up. Law schools advertise six-figure starting salaries for grads, but these wages materialize only for those from elite schools or at the top of their class, the Wall Street Journal reports. For the rest, $20-an-hour...

For Palestinian Hamas Faction, Surprise Payday

Fatah accidentally bankrolls rival's security forces

(Newser) - To victors in Palestinian factional fighting went the spoils, if temporarily, the BBC reports. Officers of Hamas' security force, which wrested control of the Gaza Strip from rival Fatah in June, were notified yesterday that Fatah had paid their salaries. The West Bank-based, Fatah-controlled Palestinian Authority rushed to correct its...

Don't Get Mad, Get Even (Financially)

Showing anger in the office boosts men, hurts women

(Newser) - Women who show anger in the workplace undercut their professional standing, but their male counterparts may well be admired for their office rage, says a new study. And public temper tantrums affect more than just co-workers' respect, Reuters reports—test subjects assigned far higher salaries to angry men than to...

Wal-Mart Mexico Pays Teen Baggers Nada

Retail giant calls young, uncompensated workers 'volunteers'

(Newser) - Wal-Mart has 4,300 teenagers bagging merchandise for free in its Mexican stores, Newsweek reports. The retail giant isn't doing anything illegal, since the kids aren't technically workers but "volunteers" who donate their time in exchange for gratuities from customers. But labor activists say the notoriously bottom-line-minded company is...

In Workplace, Haggling Widens Gender Gap

Study shows women's smoother elbows may be holding them back

(Newser) - Women are less likely to initiate negotiations for promotions and raises, which may help explain salary and career gaps between the genders, according to new research. "There is an economic rationale to negotiate, but you have to weigh that against social risks of negotiating,"' one researcher says....

Polamalu Now Best-Paid Steeler
Polamalu Now Best-Paid Steeler
Jul 24, 2007 6:27 AM CDT

Polamalu Now Best-Paid Steeler

Versatile, soft-spoken safety inks five-year, $33M contract

(Newser) - Troy Polamalu became the highest-paid Steeler and the top-earning safety in the league yesterday, signing a five-year extension on the first day of Steelers training camp. The mild-mannered Samoan-American's ability to line up at multiple positions, knack for reading defenses, and wacky free-wheeling mentality have made him the lynchpin of...

World's 10 Best-Paid Stick Figures
World's 10 Best-Paid
Stick Figures
Jul 19, 2007 7:51 PM CDT

World's 10 Best-Paid Stick Figures

Supermodels rake it in, manicured hand over pedicured foot

(Newser) - Models are no longer glorified clotheshangers but celebs in their own right, with movie deals, famous beaux, and even their own product lines. These 10 mannequins, listed with their earnings over the past year, have turned looking pretty into a multimillion-dollar business:
  1. Gisele Bundchen, $33 million
  2. Kate Moss, $9 million 
...

Former Exec Rails on Paydays
Former Exec Rails on Paydays
May 17, 2007 2:22 PM CDT

Former Exec Rails on Paydays

(Newser) - Former Goldman Sachs chairman John Whitehead is appalled by Wall Street's salary binge, and he wants his ex-employer to snap out of it. In an ornery interview with Bloomberg News, Whitehead, who ran the company from 1976 to 1984, says hedge funds sparked the rush toward obscene paydays but Goldman...

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