Word: belled
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Dates: during 1960-1969
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...Made Mistakes." Not everyone shares this fondness for the telephone company, but almost everyone has an opinion about it. To U.S. military chiefs it is a first-class defense contractor, and scientists consider its Bell Labs to be the finest industrial-research establish ment anywhere. A.T.&T. has become so much a part of the American scene that it is at once a source of envy and admiration and a butt of jokes. Says Cartoonist Al Capp, whose Li'I Abner delights in needling Mother Bell: "In this country, if we don't like our wives, or even...
...embraces in the Bell System. He also takes time out from each busy day to study stacks of mail from customers and stockholders on the the ory that "it's a good way to get a feel for what people are thinking," has ordered that every letter must be answered within seven days...
...night he took home a briefcase heavy with homework, and even when he went to the ballpark he took along other A.T.&T. people to talk operations and engineering. He steadily moved up 14 levels on the corporate escalator to a vice-presidency of A.T.& T.'s Northwestern Bell. He was called to New York headquarters, became president in 1954 of A.T.&T.'s manufacturing arm, Western Electric, and took over as president and chief executive of A.T.&T. in 1956. Says Kappel, who became board chairman...
...starting salaries ($6,300 to $7,200) and a stock-purchase plan. Half of all employees own A.T.&T. shares, most of them bought at 85% of the market price and sometimes in installments; but no one in the company ever gets a stock option. About 900 men in Bell's system make $25,000 or more...
...performance can be easily measured. About 20% of all trainees wash out in the first year, but even those who do not make A.T.&T.'s stiff grades are scooped up by other companies eager to hire men with some Bell seasoning...