Word: andreini
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Dates: during 1990-1999
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...escrow balance reaches $100, members can open up a START Plus annuity account. Each account receives a 1% contribution on the first $1,000 spent, 3% on amounts between $1,000 and $2,000, and 6% on subsequent purchases for the balance of the year. Says START chairman Larry Andreini: "For years, companies have offered pension plans to make employees loyal, so why not take that concept to the logical next step and offer customers essentially a pension plan?" Among the companies that have signed on so far: Hertz, MCI, Eddie Bauer and Club...