US CEO takes 90% pay cut to give workers huge raise!

Last Updated: Wednesday, April 15, 2015, 16:46

A CEO of an American firm has surprised one and all by announcing a 90 percent pay cut for himself and slashing of company's profits to give employees a hefty salary hike after he read a study about happiness.

Sesa Goa MD P K Mukherjee took 39% pay cut in FY'13

Last Updated: Thursday, June 27, 2013, 16:05

Sesa Goa shareholders are meeting today in Goa to approve annual accounts of the company through annual general meeting.

Assam govt for pay-cut, break-in-service for employees

Last Updated: Wednesday, September 19, 2012, 18:54

Assam government would enforce pay cut, break in service and disciplinary action against employees who do not report for work during Bharat Bandh on Thursday.

Jobseekers willing to accept pay cut to find jobs

Last Updated: Thursday, August 9, 2012, 19:17

The survey of more than 7,000 adults showed that around two-thirds were willing to take a part-time job, the Telegraph reported.

Ministerial pay cut fair: Singapore deputy PM

Last Updated: Tuesday, January 17, 2012, 10:16

The Prime Minister still commands an annual salary of SD 2.2 million despite a 36 per cenAt pay reduction under the revised pay scale.

Will Smith takes pay cut for Quentin Tarantino

Last Updated: Sunday, May 8, 2011, 08:38

Hollywood hunk Will Smith is ready to take a pay cut to star in controversial filmmaker Quentin Tarantino`s next.

Top India players meet Manohar over IPL pay cut

Last Updated: Friday, February 4, 2011, 00:00

Four top Indian players including Sachin Tendulkar met BCCI president Shashank Manohar over 20 percent IPL pay cut.

David Beckham takes a 3 million pay cut

Last Updated: Friday, October 8, 2010, 20:49

He is one of the highest paid sportsmen in the world but soccer heartthrob David Beckham had to take a whopping USD 3 million pay cut after his company’s profits dipped.

Gordon Brown `accepted a pay cut for his successor`

Last Updated: Sunday, June 6, 2010, 17:47

Gordon Brown quietly organised a pay cut for David Cameron in his final days as the British Prime Minister.

New UK govt to ask Queen to take ‘at least’ 5% pay cut

Last Updated: Sunday, May 16, 2010, 15:20

Cameron-led coalition govt is expected to ask the Queen to take a pay cut.

Guj Cong asks elected members to take 20% pay cut for a year

Last Updated: Wednesday, September 16, 2009, 23:22

Union Government`s austerity drive has trickled down to the state level as Gujarat Congress on Wednesday asked all its elected party members, including MPs, MLAs and municipal councillors, to take a 20% pay cut for one year.