Word: bonus
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...Rent Stabilization in 1950, he learned, 53 hand-picked employees had been invited to be "fired" and pick up checks for accumulated leave. Then, immediately, they were rehired for the same old jobs on a temporary basis. Later, all were restored to the permanent rolls with a second bonus for leave earned while on temporary service. The fire-hire racket cost the taxpayers...
Last week Williams added a shocking footnote to the case. During his investigation, one of the ORS beneficiaries defended the practice on the ground that the Army had done it too. Acting on this tip, Williams inquired around the Pentagon and found evidence of the unique bonus system. In 1947, an official directive had gone down to 5,685 civilian employees of the Army's Antilles Department, Caribbean Defense Command, authorizing them to dip into the fire-hire bonanza. Nearly 40%-2,114 employees-accepted, collected substantial leave checks, went right on working. The cost: at least...
Before long, having collected the first installment ($500,000) of insurance, Connelly was flooded with messages of encouragement and offers of help. An employee returned a still uncashed Christmas bonus check to Connelly, told him: "You'll need that, getting us back in the ball game...
...season-too warm to be winter, too early to be spring-was immensely cheering even to insulated city folk. If nature thought well enough of prospects for 1953 to distribute an early bonus, there didn't seem to be much reason not to hang up the automobile chains, get out the seed catalogue, and anticipate that illusion of well-being which modern man derives from an early coat of sunburn...
...fabricators have been paying the world price of 36? a lb. to Chile, for copper produced mainly by U.S. companies there. But the companies in Chile got only the domestic price of 24½?; the rest went to Chile as a sort of bonus for not selling its copper to Russia or its satellites. With a 12? spread between the U.S. price and the world price, domestic producers had raised their prices closer to the world price. But if copper prices got too high, competing metals-notably aluminum-would grab still more of copper's markets...