Word: firm
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Dates: during 1990-1999
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Labor shortages have indisputably become a major drag on the continuing boom. In a survey of 441 "trendsetter" companies released in April by Coopers & Lybrand, a large accounting and consulting firm, almost 70% reported that they were having trouble finding skilled workers. More than a quarter were decreasing growth estimates, delaying or canceling expansion plans and overhiring--or trying to--in anticipation of a still tighter job market. Bear in mind that these companies were chosen for the survey because over the past five years they had been among the fastest-growing businesses in the country...
RECRUITING Running newspaper help-wanted ads and contacting employment agencies are nowhere near enough these days. More and more companies are turning to job fairs, where firms set up booths to tout opportunities to anyone who wanders by. Advance Micro Devices plugged an April fair in Austin in radio ads for weeks in advance, then set up a big tent to supply job information for those who wandered in while local disk jockeys played music to amuse those waiting in line. The fair was "wildly successful," and AMD hired 30 people. IBM set up recruiting tables in March in Panama...
Many companies are asking their current workers to turn part-time recruiters by offering bonuses and sometimes other perks to those who bring in hirable candidates. At SRA International, a Virginia computer-software firm, any employee who finds a new worker gets $1,000, plus a chance in a company lottery. Prizes include the choice of a BMW Roadster, a Mercury Mountaineer or a Volvo sedan and an all-expenses-paid cruise for a family of four...
Christina's offers a Cambridge original: Burnt Sugar ice cream, a flavor developed by a Lesley College professor who came here from Cambridge, England. Burnt Sugar tastes just like the top of a creme brulee. Its texture is firm, smooth and dense--just what an ice cream should be. Like some of the other flavors we tried, it would be just as tasty in the midst of a cold, icy Harvard winter. You do need to know, though, that Burnt Sugar is not overpoweringly sweet--in fact, it has a bitter edge...
...business of brand overextension, NASCAR theme restaurants. For drivers such as Rusty Wallace, Dale Earnhardt and Bill Elliott, the opportunities have never been better. "We're getting more requests for NASCAR than we are for baseball, hockey or football," says Bob Williams, president of Burns Sports, a Chicago-based firm that links athletes with advertisers...