The upside for team owner Jeffrey Loria is the massive cut in payroll costs.
FORBES: Marlins Say Goodbye To Superstars And Playoff Hopes With Blockbuster Trade
The savings in fuel, maintenance and payroll costs -- and improvement in customer goodwill -- are enormous.
Mr Franco has opposed this measure, even though 38% of his state's payroll costs go to pensioners.
Because higher alcohol and payroll costs in the U.S. will bite into margins, Krouham must be inventive with expenses.
One of her first moves was to lay off 10% of the work force and chop payroll costs by 25%.
Raising prices to offset the higher payroll costs strikes him as too risky, because he worries his sales may suffer.
WSJ: As Wages Rise, Firms Consider Replacing Workers With Devices
Negotiations to avoid a lockout in March have so far been futile, with NFL teams claiming financial hardship with rising payroll costs.
FORBES: Proposal To Extend NFL Season Could Be Key To Avoiding Lockout
In the short term, reining in payroll costs one of the few budget items over which the federal government has plenty of discretion is vital.
ECONOMIST: The president needs to do more to tackle the ��Brazil cost��
This year payroll costs are believed to have gone up by around 15%, largely due to a 60% hike in contributions to the teachers' pension scheme.
Government spending is still 13% higher than a year ago in nominal terms, and the squeeze has fallen mainly on public investment, rather than on civil-service payroll costs or other current spending.
While rising wages and benefits are good for employees, those increases can lead to higher inflation if businesses are forced to boost the cost of their products to cover the higher payroll costs.
It will impose tighter limits on their payroll costs, force them to issue more detailed and more frequent accounts, and make it illegal for a higher tier of government to take on the debts of lower tiers.
Ford Motor ( F - news - people ) announced it would be offering buyout or retirement incentive packages to all 41, 000 of its hourly, United Automobile Workers-represented workers in the U.S. The company is trying to reduce payroll costs as a step toward regaining profitability by 2011.
Working capital is used to fund day-to-day operations at companies, so in addition to receivables, it could cover expenses such as payroll and the costs of procuring, storing and managing inventory.
Like many legacy carriers, PAL struggles to cope with a bloated payroll, high fuel costs and fierce competition from budget airlines.
FORBES: Lucio Tan May Be Ready To Sell Loss-Making Philippines Airlines
Many companies have balance sheets flush with cash as a result of sharply cutting costs and payroll during the recession, and might want to use that bankroll to fund payouts to shareholders.
Even during this turbulent patch, Tombini notes that nearly 40 million people have been pulled up into the middle class and that measures to cuts energy costs and payroll taxes will make Brazil much more competitive.
That hesitation -- plus heavy payroll taxes that raise hiring costs -- explain why so many European restaurants, cafes, and shops seem so lightly staffed compared to their American counterparts.
He also took a shot at government economists, saying inflation is fundamentally misstated because it strips out some of the biggest contributors to the shrinking buying power of U.S. consumers, including steadily rising healthcare costs and income and payroll taxes.
At that time, Fiat was fiercely cutting costs by bringing everything from payroll systems to building maintenance in-house.
About 50 cents of that goes to mailing and distribution costs, 80 cents to payroll, and another 80 cents to printing and overhead, leaving roughly 40 cents per copy.
FORBES: Breaking: A Local Newspaper Chain That's Actually Making Good Money
In Detroit, as in many other financially strapped cities, leaders are confronted with trade-offs between reducing the number of cops on the payroll or risking the social and economic costs associated with higher crime rates.
FORBES: Forget Robocop: Detroit's Crime Problem Will Be Solved By Citizens and Business
Some Republicans are keen on a payroll-tax holiday to temporarily cut employment costs.
But because the payroll tax break benefits many more people and costs more dollars, it has provided a bigger boost to jobs and growth.
"We did no actual cost cutting, but we have watched costs very carefully, especially our payroll, which needs to be 30% to 32% of revenue, " he says.
Also, RIM gave little new information on its ongoing strategic review process, saying only that it has had discussions with a number of parties about potential licensing deals. (But it named no names.) RIM is about half way through its plan to cut 5, 000 people from the payroll, a move which will reduce ongoing operating costs but pressure on near-term cash.
FORBES: RIM: While Q2 Beat Estimates, Analysts Still Skeptical
Payroll can make up more than a third of production costs, says Jason Katz, chief operating officer of Local Product of Colorado.
This is chiefly linked to rigid labour-market rules and payroll charges on employers, which between them keep labour costs high and deter job creation.
Target representatives predicted a similar windfall for the retailer, saying that interchange fees rank just below payroll as one of the company's top store costs.
应用推荐