I heard today that the Prime Minister of Jamaica has pledged to take a 15 percent pay cut and called upon his colleague members of parliament to sacrifice 10 percent of their salaries due to the global meltdown. It was heartening news in such dismal economic times! But should more chiefs at the top be [...]
Posts Tagged ‘JAL’
Wage Sacrifice
Posted in Economic Impact, tagged cost-cutting, domino, Iceland, JAL, Jamaica, meltdown, risk aversion, wage reduction on April 7, 2009 | 2 Comments »
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