Word: pensiones
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...strike out on their own if the economic situation made it possible. Our poor business figures have to do with the economic situation alone, not with questions that the handicrafts have to answer. What we need is a radical reduction of additional wage costs via reform of the pension and healthcare systems." Philipp may not get what he wants. Michael Sommer, head of the German Trade Union Federation (DGB), is leading the opposition to Chancellor Gerhard Schröder's plans to trim back state benefits and make it easier for employers to lay off workers. Backed by left-wing...
...joint ventures with Detroit--are comparable to those at factories organized by the United Auto Workers (UAW). Assembly-line workers, regardless of their location, earn about $45,000 to $100,000 a year (depending on experience and overtime). Bonuses are typically tied to profitability, and health-care and pension benefits vary only slightly...
...workers help support each retiree. Worldwide, GM's underfunded pension and health-care obligations stand at around $77 billion, which shaves an estimated $1,700 in potential profit off every sale (Ford's and Chrysler's liabilities are less severe). GM says the problem is manageable--assuming the stock market rallies and GM hits its cost-savings and revenue targets. Transplants' legacy costs aren't as high, in part because they haven't had to downsize in North America and because their governments pick up more of the costs of health care and pensions at home...
...Pacific Group, based in Fort Worth, a private-equity outfit with long experience investing in distressed airlines. RSA has plunged into a battered industry that has bedeviled even value-stock gurus like Warren Buffett, who once described his airline investments as "temporary insanity." Olivia Mitchell, executive director of the Pension Research Council at the University of Pennsylvania's Wharton School of Business, warns that for a pension fund, direct investment in such a risky business--especially when the fund manager becomes the airline chairman--"creates a slippery slope to conflict of interest. Running a pension fund and running an airline...
...outlived its usefulness for several reasons. For starters, these different definitions of such expenses no longer account for much of the difference between book and tax income. Other factors—such as the peculiar accounting treatment of stock option compensation, differential treatment of overseas income, subsidiary income and pension obligations—account for large amounts and a large fraction remains unaccounted for. With the growing globalization of firms and the demographic twist we are working through continuing unabated, these wedges (and consequent discretionary opportunities) are clouding the true picture of how firms are actually performing. As such, enforcing...