Word: bonus
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Consider, say, the big gap between the pay of Jimmy Carter, the Chief Executive of the U.S. ($200,000 plus housing), and Thomas Aquinas Murphy, the chief executive of General Motors ($950,000 including bonus and stock options). Does it mean that society feels that what is good enough for the nation is not nearly good enough for GM? Hardly. The disparity can be tracked not to some hidden spectrum of social values but to two distinct systems of compensation. In business, pay levels are established by clear criteria toward the equally clear purpose of increasing production and profit...
...Running) and cardiologist: "Play is the priceless ingredient in any successful fitness program. But ... play is not just fun and pleasure. It has to do with human need. Fitness is something that has purpose but no meaning. Play is something that has meaning but no purpose; fitness is a bonus in play, and people are finally learning how to play...
John Ginn, president of the Independent Publishing Co., had a problem. The previous spring he had taken over I.P.C., which publishes morning and afternoon papers in Anderson, S.C. His bosses at Harte-Hanks Newspapers Inc. set certain goals and promised him a bonus if he met them ($6,800 if he did well, $12,000 if he did very well). But by fall the economy turned sour, lots of readers canceled their subscriptions, and advertising began to slip. Ginn's bonus was in jeopardy. What should...
...that the temporary emergency is taking on a distinctly permanent look, the C.P.I, has had some second thoughts. Its leaders are concerned about Mrs. Gandhi's seemingly rightist economic policies-her concessions to private industry, abolition of compulsory bonus payments for workers and curbs on union activity. The C.P.I, is also uneasy about the growing influence of Mrs. Gandhi's ambitious son, Sanjay, 30-he is currently using the youth wing of the party as a power base-whose politics seem pragmatic and even downright antiCommunist. In a lightly veiled reference to Sanjay's following, the C.P.I...
...visit the National Gallery of Art in Washington, D.C., this collection offers a distant second-best tour. Although the 1,028 color plates illustrate the gallery's estimable holdings, many are reproduced in a size somewhat smaller than that of a self-respecting post card. The saving bonus is the lucid running commentary of John Walker, who has been with the museum since its birth...