AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREGame Center: Chargers at Kansas City Chiefs, Sunday, 10 a.m.Villaraigosa, who was joined by council members Bill Rosendahl and Wendy Greuel, said other proposals to be studied and unveiled in coming months include creating more one-way streets across the city. Earlier this year, county Supervisor Zev Yaroslavsky had proposed one-way designations for Olympic and Pico boulevards, but the move ran into immediate opposition from Los Angeles and Beverly Hills officials. “We have to look out for what is in the best interest of everyone,” Villaraigosa said. “There are going to be some areas with ones who oppose what we do, but we have to find a way to get it done. We need to ask what is for the greater good.” Fourteen left-turn signals are scheduled to be installed at six San Fernando Valley intersections. They include: Ventura Boulevard and Woodman Avenue; Tampa Avenue and Ventura Boulevard; Reseda Street and Rinaldi Boulevard; Sherman Way and Tampa Avenue; Riverside Boulevard and Vineland Avenue; and Laurel Canyon Boulevard and Riverside Drive. The program marks a return by Villaraigosa to a campaign promise he made two years ago to improve traffic flow throughout the city and show specific accomplishments to a skeptical public. After months of political and personal turmoil, Mayor Antonio Villaraigosa started to refocus his administration on practical accomplishments Thursday as he prepares to drum up support from neighborhood councils this weekend for a phone tax and utility-rate hikes. Under the “30-30” program launched Thursday, Villaraigosa and his new transportation chief, Rita Robinson, said the city will install 30 left-hand-turn signals at 13 intersections across Los Angeles over the next 30 workdays. “Make no mistake about it,” Villaraigosa said, shouting over the noise of traffic at an intersection near Los Angeles International Airport where the announcement was made. “This is a start of reinvigorating the Department of Transportation and us looking at bold measures to improve traffic. “Some of them will work, some of them may not. But we are going to be trying to do something positive to deal with traffic congestion. There is no silver bullet, but we are going to look at everything we can.” It also marked a significant step in moving forward for Villaraigosa, who has been seen as being wrapped up in national politics and personal issues involving his separation and impending divorce from his wife, Corina. “I think these are the sort of things he needs to do to re-establish himself with voters,” said Jaime Regalado of the Edmund G. “Pat” Brown Institute of Public Affairs at California State University, Los Angeles. “If he is going to run for a second term, he has to deal with the perception there is no real record of achievement. The more potholes he fills, the more traffic signals he installs, the more the public will see that he is trying to do things. “That’s why he needs to prove himself with schools and the anti-gang programs. People want to see results.” It also comes as Villaraigosa prepares for a major effort to win over the neighborhood councils to help balance a financially difficult budget. Amid the budget squeeze, the city faces a potential loss of more than $200 million in telephone taxes and a transfer of funds from the Department of Water and Power. Villaraigosa will address neighborhood council leaders on Saturday at their annual budget day and lay out the city’s problems. “Given the daunting challenges we must confront, it is important to hear from neighborhood councils on their budget priorities and thoughts on the telephone-users tax,” Villaraigosa said. The 10 percent phone tax has been challenged in court and city officials believe they could lose the case, resulting in the loss of $270 million a year. The mayor has proposed placing a 9 percent tax on the ballot next February and wants to declare it an “emergency” issue – which would allow it to be approved by a simple majority of voters. Ken Draper, editor of CityWatch LA, a newsletter to neighborhood councils, said the mayor will have a tough sell. “We are living in uncertain times and people are sensitive about what the city is doing,” Draper said. “The housing market is unstable and people are suspicious of what the city is doing. We hear about the financial problems, but then see the city making big payouts to unions, to workers, to others.” [email protected] (213) 978-0390160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!
Comments are closed. Barclays chases growth by doubling bonusesOn 19 Nov 2002 in Personnel Today Barclays Bank has doubled the amount of money it is investing in staffbonuses to help it meet its ambitious plans for growth. The bank aims to double its value every four years and has changed its bonusstructure in a bid to achieve this objective. All staff are eligible to receive a bonus connected to the company’sperformance against its key objectives. The bank also operates a profit share scheme that pays out up to 9 per centof staff salaries. Jeremy Orbell, executive director of reward at Barclays, told delegates atthe conference last week that the company’s new bonus structure has at leastdoubled the amount of money the company spends on bonuses. He revealed Barclays staff are now eligible for bonuses of up to 40 per centof salary in most cases – and as high as 100 per cent for senior staff –whereas in the past, it only used to award bonuses of between 10 and 20 percent of salary. Orbell said the improved bonus scheme was introduced to improve staffretention. “Retention of key people by direct compensation and/or otherequity is a key issue,” he said. “Cash is still king. It is very important that the annual bonus isflexible and linked to performance criteria.” Previous Article Next Article Related posts:No related photos.