Banker Bonus in Firing Line Again

Categories: Taxation in UK

Fresh debate has sparked up in the UK over the issue of the potential renewal of a tax on the bonus payments issued to bankers. On January 11th the UK Labour Party leader Ed Miliband stated that he wishes to see the now-expired 50 percent tax on bakers’ bonus payments reinstated. At a press conference [...]

Fresh debate has sparked up in the UK over the issue of the potential renewal of a tax on the bonus payments issued to bankers. On January 11th the UK Labour Party leader Ed Miliband stated that he wishes to see the now-expired 50 percent tax on bakers’ bonus payments reinstated. At a press conference announcing his suggestion, Ed Miliband said, "…it cannot be right that, when workers face below-inflation pay increases, if they get any rise at all, and families see prices ... Read More

Less Salaries Frozen

Categories: Taxation in USA

According to the latest survey, the number of corporations and organizations in the USA freezing salaries in 2009 has declined compared to 2008. The Mercer’s 2009/2010 US Compensation Planning Survey Update, released December 21st, shows that in the suffering economic conditions 30 percent of employers froze salaries, but only 14 percent planned to continue to [...]

According to the latest survey, the number of corporations and organizations in the USA freezing salaries in 2009 has declined compared to 2008. The Mercer’s 2009/2010 US Compensation Planning Survey Update, released December 21st, shows that in the suffering economic conditions 30 percent of employers froze salaries, but only 14 percent planned to continue to hold earnings in 2010. The report indicates that average pay rises of 3.2 percent were seen in 2009, and the planned pay increases for 2010 are expected ... Read More