Word: bonus
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...them housewives, the green trucks would run errands for them, check to see if the windows were down in their homes and the iron turned off. He built baseball diamonds, organized a band to play for dancing at lunchtime. To promote a company spirit, Swirbul set up a bonus system based not on individual performance, but on the plant's total output. Grumman employees-from janitor to junior executives-collected bonuses that ranged as high as 30% of their annual salaries...
...neck with special exercises that expanded his collar size from 16½ to 17. A diet of steak, lamb chops and beef stew boosted Patterson's weight by 8 Ibs. to a solid 190. Any sparring partner who knocked Patterson down with a right hand got a bonus of $100; any who staggered him got $50. No one collected...
...minimum of $1,000 an appearance for a golf clinic, a $5,000 salary from the Laurel Valley Golf Club in Ligonier, Pa., up to $2,500 for a TV appearance. Wilson Sporting Goods Co. pays him some $6,500 a year for using its clubs, throws in a bonus of as much as $3,500 when he wins a major tournament...
Hottest listing on the board, which contains only local stocks is Kowloon Docks, which last week declared a 35? dividend and $1.40 bonus, at once leaped to $16.47, a week's gain of $3.68. Other active stocks are local telephone and textile companies...
...firm a divisional setup much like General Motors', streamlined administration, pruned departments that had only tradition to recommend them. He brought in young men, gave them a great deal of liberty. Says he: "I think that confidence produces far better results than surveillance." In addition to a productivity bonus that nets employees an average 30% over their base pay, Pechiney last Christmas gave employees nearly 32,000 shares worth $2,000,000 on the Paris Bourse...