The exorbitant level of salaries for government workers may be even more extreme at the local level.
Gary Goldstein, co-founder and president of executive-search firm Whitney Partners, said many banks, particularly European ones, are examining levels of seniority within their ranks and lengthening the amount of time employees remain in senior vice president-level roles before getting the big promotion, resulting in firms paying more junior-level salaries for a longer period of time.
The experience level for the salaries reported is in the five- to 10-year range, according to Glassdoor.com.
Nevertheless, he wrote that it is against social justice to fix salaries that are above the level that make business viable.
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To avoid trouble with the IRS, set your salary at a reasonable level based on salaries for comparable positions and keep careful records in the event of an IRS audit.
We will ask the Senior Salaries Review Body to set the appropriate level of allowance independently, comparable to those set by wider public and private institutions.
Compdata looked at base salaries for 26 senior management jobs below C-level.
The Chancellor has announced that the government is looking at salaries being negotiated at a local, rather than national level.
Lower-level jobs are reaping benefits, too: Salaries for compliance lawyers are up 25% to 50% in the last two years, while investment bankers' pay is down as much as 30%, says headhunter Mark Shaw.
People don't begrudge high salaries for important officials (in Singapore they pay cabinet-level ministers more than a million dollars a year, to attract the best people) as long as those salaries are transparent and publicly available.
However, when a 17 or 18 year old recent high school graduate is receiving a signing bonus that is far greater than the base salaries of hundreds of proven ball players on the major league level, there is an obvious flaw in the system.
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That means increasing teacher salaries and giving them a budget to spend money at the local level for school supplies.
In Bell, although one in four residents live with incomes below the poverty level, the Mayor, City Manager and City Council members engineered salaries that allowed them to live the lives of the rich if not famous.
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In conversation with Forbes, Faus noted that player salaries are the major challenge for any major team looking to bring costs down to a sustainable level.
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Hong Kong firms are not required to disclose individual executives' salaries, but they do have to publish salary levels and say how many people earned within each level.
Salaries have soared to the point where some professional leagues have introduced salary caps in an attempt to level the playing field between rich clubs in major television markets and poorer teams in less lucrative markets.
Greater promotion and protection of economic, social, and cultural rights in Myanmar would level a heavy blow to corruption via more and better jobs, increased awareness and education, higher salaries and greater public sector "infrastructure" -- doctors and hospitals, teachers and schools, lawyers and courts.
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