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...Originally, health benefits were intended to draw in attractive job candidates. "The original story behind medical benefits was that companies wanted to attract family men," says Stacey Kole, a human resources expert at the University of Chicago Booth School of Business. "Because they perceived married men to be more stable and productive than those in the marriage market." Now that there is little differentiation among benefits across the private sector, many companies rely less on benefits in attracting ideal applicants. Even as private employers have cut back on their pensions and benefit promises, though, public entities, which make...

Author: /time Magazine | Title: Government Jobs Looking Better in the Downturn | 11/22/2008 | See Source »

...they'll get it, as retailers cave in to the pressure to attract sales dollars. But price alone might not get shoppers in the door, so this could be the season of extreme retailing, with stores offering even more carrots to drive sales in this dreary economic climate. As of Nov. 11, 72% of consumers had completed less than 10% of their shopping, according to the National Retail Federation's (NRF) 2008 survey by BigResearch of holiday consumer intentions and actions. "They know the longer they wait, the better off they are, so there's no reason to rush," says...

Author: /time Magazine | Title: Black Friday Is Looking Blue | 11/20/2008 | See Source »

...local government tentatively plans to turn the remains of the city into a memorial park. Zhang now heads the Beichuan department of commerce, working to attract new businesses and industrial development. But the strain on him and other local bureaucrats is severe. A quarter of government officials died in the quake. Zhang says his job keeps him from remembering what happened to his wife and daughter. "When I'm buried in my work, I think they are still alive," he says. "But when I look up and see that drawing, I remember they...

Author: /time Magazine | Title: Rising From the Rubble of the Sichuan Quake | 11/20/2008 | See Source »

...during the current financial crisis, proponents say. “It seems like a natural progression that will add to the breadth and scope of biotech here in Cambridge,” Mayor E. Denise Simmons said of the project. Simmons said the labs will benefit the city by attracting more people with highly specialized talents and employing many more. She said she will ask the company to reach out to Cambridge when looking for employees. The new unit will be located in Cambridge, Mass., as well as Cambridge, England. Between the two facilities, Pfizer plans to employ about...

Author: NO WRITER ATTRIBUTED | Title: Pfizer Plans New Stem Cell Lab | 11/20/2008 | See Source »

...Zanu-PF would be quite happy to govern without the participation of an opposition party against which it has repeatedly unleashed systemic violence, except for the fact that only with the MDC on board will Zimbabwe be able to attract the international aid and investment desperately needed to avoid social and economic collapse. Mugabe's party is widely seen internationally as having stolen the election, and international donors and investors are unlikely to do anything that might be seen as propping up his regime. And the social and economic pressure on Mugabe is clearly mounting. (See pictures of Robert Mugabe...

Author: /time Magazine | Title: In Zimbabwe, Mugabe Clings On, But His Power Is Waning | 11/20/2008 | See Source »

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