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Payrolls
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Of the 14,000 U.S. employers surveyed, 22% expect to add to their payrolls during the first quarter of 2008, while 12% expect to reduce staff levels. Sixty percent expect no change in the hiring pace, and 6% are undecided about their January - March hiring plans.
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Remuneration, leave application administration, benefit payments, employee taxes, and training, make up payrolls. It can ... be described as the total amount of payments made to employees for a specific tax year according to regulations as provided by SARS and other government bodies.
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NEW YORK -- Final 2007 payrolls for the 30 major league teams, according to information received by clubs from the commissioner's office. Figures are for 40-man rosters and include salaries and prorated shares of signing bonuses, earned incentive bonuses, non-cash compensation, buyouts of unexercised options and cash transactions. In some cases, parts of salaries that are deferred are discounted to reflect present-day values.< N.Y. Yankees $218,311,394 Boston 155,402,595 Los Angeles Dodgers 125,581,316 New York Mets 120,927,727 Chicago Cubs 115,943,318 Seattle 114,367,309 Los Angeles Angels 111,038,577 Philadelphia 101,823,122 San Francisco 101,539,796 Chicago White Sox 100,189,832 St. Louis 99,329,875 Detroit 98,519,780 Houston 97,213,020 Baltimore 95,269,977 Toronto 95,069,351 Atlanta 92,634,468 Texas 78,923,435 Oakland 78,482,125 Cincinnati 73,072,635 Milwaukee 72,751,641 Minnesota 71,938,505 Cleveland 71,887,236 Arizona 70,448,367 San Diego 67,490,967 Kansas City 62,264,855 Colorado 61,348,681 Pittsburgh 51,360,907 Washington 43,254,278 Florida 33,072,472 Tampa Bay 31,817,020 ^Total 2,711,274,581
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Other deductions relevant to payrolls include garnishee orders, where a creditor has requested that a specific amount be deducted from the worker's salary to settle a debt. The court will order such a deduction. In addition, there are ... allowable deductions for employee loans which must be done according to regulations of the National Credit Act. Child support deductions may be ordered by the court.
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The crucial issue is how payrolls (or its reverse, unemployment) will influence interest rates. “Fed Funds”, the US version of that which the UK used to call the “base rate”, is set by the High Priest and Delphic Oracle of 1990s Capitalism... known as Alan Greenspan. Financial markets worship Alan Greenspan.
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The payrolls are as determined by the commissioner's office. Totals include termination pay, prorated shares of signing bonuses and earned incentive bonuses, buyouts of 2004 options and cash transactions. Income deferred without interest is discounted.
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