Sonnenschein, Nath & Rosenthal next month will cut associate salaries as part of a broader effort to revamp its compensation, staffing, training and mentoring programs for the junior lawyers. The law ...

When you see headlines about CEOs of large companies earning tens of millions of dollars per year, while at the same time these companies conduct layoffs or clash with employee demands for salary ...

Alex Blackwood was working as a real estate investing associate at Goldman Sachs. Here’s why he decided to start a business instead — despite the pay cut. Alex Blackwood is the 29-year-old co-founder ...

When an interviewer asks, "Are you willing to take a pay cut?", it often isn't a straightforward compensation inquiry. It's usually framed as a test of desperation, loyalty or flexibility.

As the dollar has underperformed, associates at U.S. firms in London could face notable pay cuts despite efforts by firms to mitigate the transatlantic pay divide. As the dollar slides, U.S. firms are ...