The administrator of the $20-billion compensation fund for Gulf oil spill victims and BP are discussing how much he will be paid for his services in the months ahead. A spokeswoman for Ken Feinberg confirmed yesterday the talks are happening. But she declined to say whether the Washington attorney is seeking a raise from the [...] [...]
WAVELAND — The Waveland Board of Aldermen has postponed raises for themselves and the city’s newly-elected mayor. The Sun Herald reports the four-member board voted unanimously in a special-called meeting yesterday to defer their raises until they can be discussed more fully during budget negotiations, which Mayor David Garcia said would start as soon as [...] [...]
WAVELAND — The City of Waveland has laid off 11 workers and reduced four full-time positions to part-time. The Board of Aldermen voted 3-1 early yesterday morning after a 3½-hour executive session that began Tuesday night. Mayor David Garcia says the move was made because of shortfalls in the budget. The layoffs include seven public [...] [...]
NORTH MISSISSIPPI — The Tennessee Valley Authority (TVA) is freezing the base pay of about 3,500 managers and specialists until 2013. The Chattanooga Times Free Press quotes TVA president Tom Kilgore, who said today the federal utility is joining the two-year pay freeze that Congress adopted for two million other federal employees. Although TVA is [...] [...]
STARKVILLE — As StatePride continues to gain momentum, the four-year fundraising initiative is providing income for faculty awards and student scholarships at Mississippi State University. Mississippi State will award $1 million to 400 members of its faculty base in one-time $2,500 financial awards. The awards recognize outstanding performance in keeping with the university’s tri-fold mission [...] [...]
WASHINGTON — Real average hourly earnings for all employees was unchanged from July to August, seasonally adjusted, the U.S. Bureau of Labor Statistics reports. This result stems from a 0.3 percent increase in average hourly earnings, which was offset by a 0.3 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U). Real [...] [...]
WASHINGTON — The trade-weighted average of hourly compensation costs in U.S. dollars for all employees in manufacturing among 32 foreign economies was 85 percent of the U.S. level in 2008, increasing from 82 percent in 2007, according to data issued by the U.S. Bureau of Labor Statistics. Compensation costs relative to the United States rose [...] [...]
HATTIESBURG — Hattiesburg city employees earned more than $1 million in overtime last year. The Hattiesburg American reports that one fire department engineer’s overtime boosted his paycheck above the fire chief’s. The Hattiesburg American requested and analyzed salary reports for the information. It says the fire department engineer got $34,876 in overtime — doubling his [...] [...]
NAGOYA, Japan — Toyota Motor Corp. is open to raising the wages of workers in China, where a series of strikes have disrupted its operations in that fast-growing market, the automaker’s president said today. Akio Toyoda said raising wages in China would bring some benefits, like helping to create a middle class of consumers who [...] [...]
Real average hourly earnings for all employees rose 0.1 percent from March to April, seasonally adjusted, the U.S. Bureau of Labor Statistics reports. This increase stems from a 0.1 percent decrease in the Consumer Price Index for All Urban Consumers (CPI-U) while average hourly earnings remained unchanged. Real average weekly earnings rose 0.4 percent over [...] [...]
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