However it insists it is trying to reduce spending and increase savings which include "a final push" to reduce pay costs.
Despite reporting its first net loss for seven quarters, LG Electronics says it has no plans to reduce pay, reshuffle managers or cut jobs.
Mr Obama has the dubious advantage of trying to cap pay amid a severe economic downturn, rising unemployment and structural changes in finance that will reduce pay anyway.
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Mr Cahuzac reiterated in a television interview that the government would formulate a replacement for the 75 per cent measure, which was intended to "incite a bit more prudence and decency in a very rare number of leaders", in order to reduce pay gaps between workers and executives.
The drop in executive pay that occurred in 2008 and 2009 offered the opportunity for corporations to reduce the pay difference between the top and the bottom. 2010 was a window of opportunity to show some restraint in the amount executives are rewarded for improved corporate performance.
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Gloucestershire Hospitals Foundation Trust has said it will not reduce staff pay by 10%.
The council will also be talking to staff about changing terms and conditions to help "reduce our pay bill".
"Therefore we must look at ways in which can reduce our pay bill while maintaining our services, " he said.
The BBC recently announced it would reduce the pay of its top executives and slim down its senior management.
The trust "must look at ways in which it can reduce our pay bill whilst maintaining our services, " he added.
If boards really are in the pockets of chief executives, then it seems unlikely that bosses would let them reduce their pay.
Rather than taking advantage of a rare opportunity to reduce executive pay, most boards decided to create new plans with less demanding performance targets.
Italy's top players might not be happy either at another suggestion for helping their employers - a wage cut to reduce a pay bill that last season gobbled up 85% of the clubs' budgets.
In a previous blog, How To Reduce Workplace Gender Segregation And Help Women Obtain Higher Paying Jobs, I discussed how workplace gender segregation holds women back from obtaining higher paying jobs that could help reduce the pay gap between women and men.
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The Plaintiffs argued that the financial crises of 2008 and 2009 compelled them to severely curtail the amounts to be paid, and that since the bonuses were only discretionary to begin with, that management had the right to reduce the pay-outs as it deemed appropriate.
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"Congress will probably have to reduce reimbursement to pay for all of this, " he said.
North Tees and Hartlepool Foundation Trust wanted to reduce enhanced sick pay to staff working unsociable hours.
Workers are angry over plans to close the final salary pension scheme to new recruits and reduce levels of pay.
It is renegotiating its decades-old agreement with Indonesia's government, which wants Freeport to reduce ownership and pay more royalties, reflecting new rules allowing foreign companies a maximum 49% stake in local operations.
So long as the discussion centers around minor changes to marginal rates, we can know that, whether they go higher or lower, the headline numbers will be a sideshow relative to the various favors given in order to reduce what we pay.
Beijing, energy consultants say, is using the plight of sanctions to reduce the price they pay.
They found exactly the same tendency to reduce classroom spending to pay for increases in administrative headcounts.
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If we want to reduce how much we pay for chemotherapy, we should take the same approach.
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That money could help reduce future deficits, pay for offsetting tax cuts, or a combination of both.
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So we can reduce this deficit, pay down our debt, and pay for this jobs plan in the process.
WHITEHOUSE: Address by the President to a Joint Session of Congress
Higher long-term interest rates would lower liabilities, because they would reduce the gap between pay-out rates and investment returns.
Or you can pay to reduce the number of immigrants if you want to help low-skilled natives and think that will help.
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Contributions to traditional 401(k)s are made with pretax dollars, so they reduce the amount of pay that is subject to tax, resulting in a larger after-tax paycheck.
Broadly speaking, the logic goes like this: why should you personally pay to reduce your environmental impact (through hassle and expense of curbing your lifestyle excesses) while others get off scot free?
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