Word: employeees
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Our plan also protects businesses. We make sure that employers cannot be sued unless they actually make a decision to deny an employee health care, which rarely happens.
The HMO industry is trying to scare the American people, and it just won't work. The cost difference between the Frist bill and the McCain-Edwards bill is something like 37 cents a month per employee. The cost is negligible, so I really don't think employers are going...
At first glance, Lincoln Electric, the $1 billion Cleveland, Ohio, maker of arc-welding equipment, seems like every other U.S. corporation trying to weather the current economic downturn--heartless. It is slashing overtime, cutting temps and applying an elaborate rating system to assess employee performance. But no matter how bad...
Mind you, the rewards are not small. Over the past three years, Lincoln has doled out nearly $200 million in profit sharing to its Cleveland employees alone. In 2000, the average bonus was $17,579, about 45% of an employee's salary; the top factory workers pull in more than...
Of course, that might not go over so well on Wall Street. Lincoln has been a public company for six years now, and shareholders might not be tolerant during a pronounced slowdown. As Joseph Maciariello, professor of business administration at Claremont Graduate University, says, "Lincoln puts the employee first, customer...