Word: bonus
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...issued their third-quarter report, the once-dying duck looked like an eagle. The company had earned $7.6 million, or $3.37 a share, and would probably earn $9.50 for the whole year. To celebrate, the directors voted the first cash dividend ($1 a share) since 1947, and as a bonus, a 10% stock dividend...
...shares of stock at the market price through payroll deductions over a three-year period; they will be able to sell the stock back to the railroad at the purchase price if it goes down. And finally, for all employees, the Central will start a bonus system under which any man who contributes to the company's growth in an "extraordinary" way can win as much as a $50,000 yearly bonus from Central profits after dividends...
...maneuver. To win the "massive majority" he desired for the London agreement, he put Socialists in a position where they risked scrapping him and his economic program, which the Socialists favor, if they tried to scrap the London proposals. Mendes drove his point home by rushing through a 6.5% bonus for industrial workers and low-ranking bureaucrats, and by promising another raise next April-if his government is still in power. The Socialist leaders, he reasoned, would hardly dare bring down a government that promised to do so much for the constituents back home...
...American college boys -a farfetched reference to the spring fever "panty raids" of 1952. In Poona the students had been shown newsreel films of U.S. infantrymen threatening a parade of workers, but, as Redding quickly pointed out, it was 20 years out of date. The workers were the bonus marchers who descended on Washington...
Newsday staffers, who have voted against the Newspaper Guild, are paid at about the national Guild scale plus a bonus of close to 6% every year. "To prevent office politics." all five of Newsday's top executives (Managing Editor Hathway; Ad Manager Ernest Levy, 55; Business Manager Harold Ferguson, 47; Production Manager Allan Woods, 41; Circulation Manager Jack Mullen, 43) get the same salary. Since 85% of its circulation is home-delivered, Newsday has one of the largest forces of carrier boys (3,000) in the U.S. The paper paternally treats the most enterprising ones royally to new bikes...