The startup behind the aspirational Hyperloop tunnel project in Northern Italy has struggled to pay employee salaries and rent this year, documents show
It’s not exactly a secret that Elon Musk’s dream of a Hyperloop—a high-speed vacuum that can shoot people between cities in pods at hundreds of miles per hour—is not an easy project to turn into reality. Just how difficult of a project though, is becoming more clear every day. Last year, Hyperloop…#elonmusks #hyperloopone #fortune #andrésdeleón #northernitaly #deleón #hyperlooptt #toulouse #venice #italian (Source: Reuters: Health)
Source: Reuters: Health - March 2, 2024 Category: Consumer Health News Source Type: news

The Department of Health and Social Care's written evidence to the Senior Salaries Pay Review Body (SSRB) for the 2024 to 2025 pay round
Department of Health and Social Care -The Senior Salaries Review Body (SSRB) has been asked to make a pay recommendation on the current levels of pay for very senior managers (VSMs) in the NHS and executive and senior managers (ESMs) in DHSC ’s arm’s length bodies. The written evidence seeks to enable the SSRB to make independent observations on the levels of pay of VSMs and ESMs to form part of the wider SSRB report, which will include observations on the levels of pay for other senior public sector workers.ReportDepartment of Health and Social Care - publications (Source: The Kings Fund - Health Management Specialist Collection)
Source: The Kings Fund - Health Management Specialist Collection - March 1, 2024 Category: Health Management Authors: The King ' s Fund Library Tags: Workforce and employment Source Type: news

Nigeria's economic woes: what went wrong for African nation
Nigeria is experiencing its worst economic crisis in almost 30 years, with widespread unrest and anger over soaring prices and stagnant wages. Annual inflation is "nearing 30%" and the currency is "in freefall", said CNBC, prompting "protests across the country over the weekend" against the…#nigeria #africa #nigerians #bolatinubu #naira #imf #alexanderonukwue (Source: Reuters: Health)
Source: Reuters: Health - March 1, 2024 Category: Consumer Health News Source Type: news

Netflix's Unique Salary Strategy: Unveiling How Much The Streaming Giant Pays Managers, Engineers And Directors
Netflix Inc NFLX has reclaimed the streaming throne after weathering subscriber losses that put shares on rewind in early 2022. The company’s ad tier rollout played a lead role in the turnaround story, while a password crackdown initiative, layoffs and cost-cutting measures also helped. Despite…#netflixincnflx #netflix #goldmansachs (Source: Reuters: Health)
Source: Reuters: Health - February 29, 2024 Category: Consumer Health News Source Type: news

Here's how much money you need to make to afford a home
Having a shot at home ownership requires an increasingly high salary these days. Now, Americans must earn roughly $106,500 in order to comfortably afford a typical home, a significant increase from the $59,000 annual household income that put homeownership within reach for families in 2020,…#zillow #orphedivounguy #pittsburgh #birmingham #cleveland #memphis #tennessee #neworleans #sanjose #smokehousecreekfire (Source: Reuters: Health)
Source: Reuters: Health - February 29, 2024 Category: Consumer Health News Source Type: news

Exxon to Cut Trader Salaries in Latest Overhaul to Pay Structure
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Source: Reuters: Health - February 29, 2024 Category: Consumer Health News Source Type: news

A significant pay rise is essential for local government and school staff, say unions
The three local government unions, representing 1.4m council and school employees in England, Wales and Northern Ireland, have called for a significant wage rise as they submitted their annual pay claim today (Thursday). UNISON, GMB and Unite say a decent pay award is essential as staff continue to struggle with the cost-of-living crisis, while the value of their wages has plummeted for more than a decade. Unless councils and schools can pay competitive rates, employees will find better-paid, less-stressful work elsewhere and new recruits will be thin on the ground, the unions say. Their joint pay claim, which would apply...
Source: UNISON meat hygiene - February 29, 2024 Category: Food Science Authors: Anthony Barnes Tags: News Press release council and school staff NJC pay Source Type: news

BOJ's Takata sees economy entering cycle of increasing wages and prices, moving away from chronic deflation cycle
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Source: Reuters: Health - February 29, 2024 Category: Consumer Health News Source Type: news

BoJ Board Member Takata: Japan's economy at inflection point of shifting'norms' where wages and prices are not increasing
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Source: Reuters: Health - February 29, 2024 Category: Consumer Health News Source Type: news

Meet the 55-year-old veterinarian who walked away from a 6-figure salary in the prime of her career because corporate ownership drove her to the nonprofit world
Alicia Bye hit a breaking point about 11 years ago. At age 43, she co-owned two animal clinics in Texas, but by age 44 she had moved to Washington state to work as a wildlife veterinarian at a nonprofit where she earns $50,000, less than half of what she used to make. Her husband’s career prompted…#aliciabye #fortune #veterinarians #brakkeconsulting #brenham #clinicians #texasams #hill #fortunecom (Source: Reuters: Health)
Source: Reuters: Health - February 29, 2024 Category: Consumer Health News Source Type: news

ASEAN startups pay more for sales jobs to chase cash, study finds
SINGAPORE -- Southeast Asian startups' salaries for new hires in business development and sales have risen by as much as 20%, according to an annual report published Thursday, reflecting young companies' urgent need to generate cash amid a tougher funding environment. Average salaries for business…#singapore #southeastasian #roles #monk #hillventures (Source: Reuters: Health)
Source: Reuters: Health - February 29, 2024 Category: Consumer Health News Source Type: news

French scientists alarmed by ‘disastrous’ cut to research budget
Scientists in France are reeling after the government announced it will cut €904 million from this year’s budget for research and higher education. The cut, announced last week, is part of a broader €10 billion savings package that the government says is necessary to limit the nation’s public deficit in the face of dwindling economic growth since the budget law was adopted in December 2023. But scientists say the research sector is bearing a disproportionate share of the pain. The move comes hot on the heels of recent social crises in France, including farmers protesting rising costs and regulatory...
Source: ScienceNOW - February 28, 2024 Category: Science Source Type: news

Zimbabwe: Zimbabwe Healthcare Workers Announce Two-Day Strike Over Low Salaries
[New Zimbabwe] HEALTHCARE workers, including nurses and doctors, have announced a two-day strike over poor wages starting Thursday. (Source: AllAfrica News: Health and Medicine)
Source: AllAfrica News: Health and Medicine - February 28, 2024 Category: African Health Tags: Economy, Business and Finance Health and Medicine Labour Southern Africa Zimbabwe Source Type: news

Earn a fixed salary? You might be working for free tomorrow
Rohith Krishnan was "bummed" when he found out he's not getting paid for the extra day of work during leap years. Employers typically pay their salaried workers the same yearly amount, whether the calendar year has 365 or 366 days, unless the contract states otherwise. As a result, the average…#krishnan #leapyears #williamgeorgopoulos #cbcnews #saraloriot #ianreed #kitchener #statisticscanada #ellabedard #workersactioncentre (Source: Reuters: Health)
Source: Reuters: Health - February 28, 2024 Category: Consumer Health News Source Type: news

Starbucks to hike wages for union workers as it thaws relationship with Workers United
A Starbucks logo is seen as members and supporters of Starbucks Workers United protest outside of a Starbucks store in Dupont Circle, Washington, D.C., on Nov. 16, 2023. Starbucks workers at unionized cafes will receive the pay hikes that their nonunion coworkers first collected in May 2022, a key…#starbucks #dupontcircle #workersunited #palestinians #howardschultz #laxmannarasimhan #berkshirehathaway #wantannvidia #nvidia #opportune (Source: Reuters: Health)
Source: Reuters: Health - February 28, 2024 Category: Consumer Health News Source Type: news