Word: lower-paid
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...federal agency called the Pension Benefit Guarantee Corp. (PBGC) is slated to administer United's pension plans. Lower-paid workers will probably receive most of the pension money they are owed since the PBGC insures annual benefits up to $45,614. Pilots and senior execs with six-figure pensions could take a heftier...
...discussing potential reforms with labor specialists and union organizers. Although University President Lawrence H. Summers made no definitive promises, the Harvard Committee on Employment and Contracting Policy (HCECP)—convened with workers, students and administrators after the sit-in—used strong language against outsourcing to lower-paid workers in its report to the president in January...
...that an assembly worker could easily be trained to perform. Work rules differ from plant to plant because agreements are negotiated with local union leaders. If a tradesman notices a line worker fiddling with equipment, he may file a grievance, claiming that his job is being undercut by a lower-paid employee...
...this section to design a plan allowing each employee to put in whatever portion of the cash bonus he or she wanted. People who put money into the plan would get a tax break, but I knew it wouldn't be attractive enough to get many of the lower-paid employees to participate. A bit of desperation got the creative juices flowing. That was when I thought of offering a matching employer contribution as an additional incentive. It was at this point that the potential of what I had just "created" hit. Most large employers at the time had savings...
According to HCECP’s final report, in the past Harvard had lowered wages for its janitors by threatening to outsource their jobs to lower-paid subcontracted employees. The “parity” provision was designed to stop this practice in the future...