Cardiff& Vale Credit Union has brokered a deal with Admiral Group to offer a payroll saving
scheme to its 5,200-strong workforce The scheme has already attracted more than 200 people.
Global Payout sees substantial revenue generated from this contract while providing substantial payroll savings
costs to ADB Private.
In a statement on its website, Hefcw confirmed it needs to make payroll savings
of around pounds 500,000 and a voluntary exit scheme has been introduced.
euro]300m The coalition say they have no option but to impose [euro]300million in payroll savings
from July 1.
The market for the purpose of making a diagnosis of payroll and payroll tax of idefhi to optimize the amount of payroll savings
identifying tracks, implementation recommendations, skills transfer recommendations for sustainability.
Many realize payroll savings
of ten percent while simultaneously improving customer service.
With the Taoiseach yesterday insisting payroll savings
must be made and Congress warning it will fight pay cuts, a major confrontation could now be looming.
As a result, the Company has reduced its workforce by approximately 23% to eliminate redundant or unnecessary positions, effective immediately, resulting in projected annualized payroll savings
of approximately $3 million, approximately half of which are expected to be realized in 2006.
He said: "The inescapable truth is there is an additional [euro]300million on payroll savings
needed - that money has to be found.
Approximately 147 full time equivalents at JEMH were reduced during this period through either attrition or turnover for an estimated payroll savings
of $6 million-$7 million.
He said: "In common with every part of the public sector, a range of payroll savings
measures are being discussed with associations representing members of An Garda Siochana.
The government of the province of Nova Scotia will be providing wage subsidies over the coming twelve months that will equate to payroll savings
of approximately $1.