payout

Critics say these words are associated with healthcare companies avoiding payouts and increasing their profits.

County, the city of Los Angeles recently gave its workers significant pay raises, which are now a major factor in a nearly $1-billion budget deficit, along with ballooning legal payouts and a weakening national economy.

Those rising personnel costs are one of several factors compounding the city’s budget crisis, including the financial toll of the January wildfires and subsequent recovery efforts, spiraling legal payouts and a weakening national economy.

However, many other agencies would face deep spending reductions, with layoffs hitting 5% of the workforce as the city copes with rising personnel costs, soaring legal payouts and a slowdown in the local economy.

Those reductions are meant to address a budget crisis triggered by spiraling legal payouts, a weakening economy and rising personnel costs, which were driven further upward by the fires.