San Fernando Valley Business Journal
San Fernando Valley Business Journal
Search last 90 days ARCHIVES SEARCH
SIGN IN
San Fernando Valley Business Journal News
San Fernando Valley Business Journal
 


INDUSTRY-SPECIFIC NEWS STORIES:
SFVBJ Poll
Does the economy appear to be improving?
San Fernando Valley Business Journal news
  Yes
  No
San Fernando Valley Business Journal news
View Results
 
 

Budget Axe Falls on Pay of Non-Union City Workers

The Los Angeles City Council voted to slash the pay of nearly 800 employees by 5 percent in order to partially address a nagging $100 million budget deficit.

While the move only saves the city $2 million, officials billed the cuts as significant. Those affected include city council members’ aides, certain analysts, heads of city agencies and departments, as well as some administrative and human resources employees.

The approximately six-month plan will begin early next month, and is one of several other pay cuts that have hit city employees in recent months.

Standing in stark contrast to city workers who are being asked to make sacrifices in pay are Department of Water and Power employees, some of which are getting bonuses and raises in coming months.

Thom Senzee


  Dec 21-Jan 3, 2010
SFVBJ News
The Season of Small Bags
Small retailers contending with slower than expected holiday shopping season.
Some Public Firms Make Good Use of Year
Tough year for the largest public companies, but some sieze the opportunity and expand.
Antelope Valley Cities Try to Keep Competition Civil
Tensions flair in Palmdale and Lancaster over anti-piracy agreement.
UCC Trying to Regroup Amid Financial Difficulties
Debi Schultze laid-off from United Chambers, organization facing financial trouble.
Browse the complete Table of Contents - stories, charts, and editorial - for the current edition of the Journal
Listen to this issue's News Summary FREE
Printer-friendly version E-mail to an associate Search Home
   
 
All contents of this site © 2009  San Fernando Valley Business Journal Associates. All rights reserved.
San Fernando Valley Business Journal, Woodland Hills, CA 91367, USA. | Powered by FLEX360