Word: paycheck
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...Apolinar Cabrera wants is his final paycheck. And he and some 200 of his former colleagues at the shut-down Republic Windows & Doors factory in Chicago are going to sit in the cold production-line floor until they get the money they've earned. "I know the economy is bad, for everyone," he said yesterday afternoon, standing in the plant's lobby, "but all I want to do is give my kids a nice Christmas. I'm going to stay until I get all the money we deserve." The father of two - ages nine and six - is expecting...
...town, and maybe take its employees along. Last Tuesday, however, the factory's estimated 300 employees, including Cabrera, were called into a meeting and told that Republic would shut down three days later. Cabrera, who received a check that covered Thanksgiving week, says he is still due his final paycheck plus compensation for five weeks of vacation time that he says he's earned this year. But Republic's financial situation and abrupt closure sent tremors through the employee ranks. No one is certain that that final accounting will be done to their satisfaction. And Republic has said nothing...
...fellow who began as a Universal contract player in 1955, doing bit roles in movies starring giant spiders (Tarantula) and talking mules (Francis in the Navy). He settled into the saddle as ramrod Rowdy Yates, second lead in the cattle-drive TV western Rawhide, a job that guaranteed a paycheck but deferred movie fame. Sergio Leone changed all that when he paid Eastwood $15,000 to play a misanthrope with a gun, wiping out two teams of bad guys, in Fistful of Dollars. By the time he'd done two more Leone westerns, For a Few Dollars More...
...Unlike other economists, Lam looks beyond the total jobless number to something called employment flow, which tracks the numbers of people moving from the ranks of those receiving a regular paycheck to those who aren't and vice versa. What Lam has found is disturbing. Currently, people out of work have just a 22% chance of landing a new job within the next month. That already makes this a worse market for job seekers than at any time during the downturns of the early 2000s or 1990s, which is as far back as Lam's data goes. And remember...
...public institutions,” he said. “In Gordon Gee, we have the best and most experienced university president in the nation.” But Gee wasn’t the only public university head who took home a large paycheck this year. Presidential salaries at nearly a third of the public institutions surveyed exceeded $500,000, and 15 public university presidents earned over $700,000. With this increase, compensation for public university leaders is catching up with that of their private university peers. Compensation for top executives at private institutions stayed relatively flat overall, although...