salaries

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Salaries Down $1,100 for This Year's Grads

Credentialed jobs are faring best in downturn

(Newser) - More bad news for 1.5 million college seniors graduating this year into a tough job market: Less money. The average salary offer to a new recipient of a bachelor's degree is $48,515, down 2.2% from last year's $49,624, says a survey by the National Association of...

Wall St. Looks to Skirt Bonus Limits With Padded Salaries

Attempt to skirt new rules could anger shareholders

(Newser) - In a move to skirt government restrictions on executive pay for recipients of bailout cash, some Wall Street companies are discussing raising base salaries, the Journal reports. Citigroup and Morgan Stanley are considering the idea, which is gaining currency as regulators keep a watchful eye on bonuses, say industry insiders....

Obama Vows Transparency, Freezes Top Salaries

(Newser) - President Obama announced today that he was freezing the salaries of top White House staff who take in more than $100,000 a year, the AP reports. “Families are tightening their belts, and so should Washington,” he said. Obama is also requiring federal agencies to respond more actively...

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