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...junior faculty members who have been denied tenure at their universities. And finally, nearly all of the corporations are trying to attract faculty consultants at the forefront of their fields, who will be able to set up labs and direct research activity on a long-term basis. As bonus bait they offer stocks--worth little now but potentially valued in the millions if the venture succeeds...

Author: By Wendy L. Wall, | Title: Technology Treasure | 9/14/1981 | See Source »

Savers weary of such incentives for opening a new bank account as toasters, popcorn poppers and electric frying pans last month received a new and different kind of bonus: high interest rates. Banks and savings and loan associations across the U.S. unleashed massive advertising campaigns to induce customers to sign up early for the new All Savers Certificates. The A.s.C.s were devised to help ailing S and Ls attract business by offering higher interest rates than those given on passbook accounts and a partial tax exemption on yields. Banks and S and Ls have been promising depositors annual interest rates...

Author: /time Magazine | Title: The Great Savings Scramble | 9/14/1981 | See Source »

...many savers the lure of 50% interest rates was almost irresistible. In ust a few days, an estimated 10,000 customers signed up for the A.S.C.s at Dime Savings Bank of New York, which was offering interest rates of up to 18% plus an up-front cash bonus of $100 or more. Jefferson Federal Savings and Loan Association in Washington, D.C., received the $1 million it had decided to accept under the new plan in 1½% days...

Author: /time Magazine | Title: The Great Savings Scramble | 9/14/1981 | See Source »

...ship sink or putting some people in a lifeboat." To keep the Bulletin afloat, 113 union and 73 nonunion jobs were eliminated. The 1,900 full-time employees remaining on staff are making various sacrifices, depending upon their position. Pressmen, for the most part, will no longer receive bonus pay for overtime hours. Paper handlers and composing-room workers have accepted a 10% cut in salary...

Author: /time Magazine | Title: Press: Survival Story | 8/31/1981 | See Source »

...News but will not enlist the network's on-camera correspondents. Using four of the Group W stations and a mini-network of other local stations around the country, the new channel will also produce a five-minute segment each hour of local and regional news, a bonus that CNN does not provide...

Author: /time Magazine | Title: Press: One-Two Punch | 8/24/1981 | See Source »

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