Word: a-year
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Some experts estimate that a $20,000-a-year executive represents a $250,000 investment by his company. And the American Fidelity & Casualty Co. has found that the average businessman dies six years before his time, thus losing for the company a sizable investment. As long ago as the 1930s, a few companies like Standard Oil of New Jersey set up company health programs with a limited emphasis on the protection of executives. But to most companies, the fallacy in lavishing care on their machines while neglecting their men, is a recent revelation. No longer is an ulcer the badge...
...teacher ratio at 19 to 1, bought $60,000 worth of new shop equipment in 1949, even paid up a $23,000 bonded debt six years before it was due. How did he manage? The school board never bothered to ask. It was so thoroughly delighted with $6,800-a-year Superintendent Smith that this year it voted him a $1,200 raise...
...resistance to his rule lay in the Shah's court. He resented the Shah's distribution of royal lands to the poor (because it provoked demands for general land reform), and wanted to ease his financial woes by cutting into the Shah's $720,000-a-year government allotment and his $2,000,000 a year from other sources...
...personal income taxes, with more generous exemptions for dependents and medical expenses. The tax bill of the average $3,000-a-year wage earner (married, no dependents) will drop from $175 to $150 (at current U.S. rates he would...
...House. Though Betty Furness is the star of its kitchen, the man of the Westinghouse is its $203,250-a-year president, Gwilym Alexander Price. It was he who took the gamble two years ago of spending $2,000,000 on the football telecasts that made Betty's face more familiar than the players'. It was he who staked another $3,000,000 last year to telecast the Chicago conventions, where Betty was shown oftener than Eisenhower or Stevenson. Price thinks the money well spent, modestly jests: "That girl's worth more to this company than...