Word: five-year
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Before Sept. 11 the U.S. work force was extraordinarily footloose. In February an Aon survey of 1,800 workers nationwide found that just 65% intended to stay with their organizations for "the next several" years--a five-year low--and only 45% would remain if offered a similar job with slightly higher pay. But a follow-up poll conducted in October showed that 54% would say no to an offer of a similar job with better pay. Especially since Sept. 11, "there are so many distractions in the world," says Chris Yetman, human resources director at Advanced Elastimer Systems...
...board was appointed—including Dukakis—to a five-year term, with the intent of making Amtrak self-sufficient by 2003, said Dukakis, a former Mass. governor...
...DIED. KING SALAHUDDIN ABDUL AZIZ SHAH, 75, constitutional monarch of Malaysia; in Kuala Lumpur. Salahuddin, an avid golfer and cyclist, took the ceremonial throne in 1999 under a five-year rotation system when he was elected by secret ballot among the sultans of Malaysia's nine states. Salahuddin married four times, lastly exchanging controversial vows with a 19-year-old. DIED. MOHAMED IBRAHIM KAMEL, 74, the former Egyptian Foreign Minister who resigned at Camp David in the wake of the historical peace accords between Israel and Egypt in 1978; in Cairo. Kamel was the second Egyptian Foreign Minister to resign...
...employees’ compensation reflects a base salary, a lump sum for meeting the benchmark and a performance bonus for exceeding it over a five-year period...
...economy officially ended its eight-year expansion this summer. Unemployment is at a five-year high, and layoffs from big corporations are mounting. With cases of anthrax appearing across the country and the nation jittery about possible terrorist reprisals for the ongoing war in Afghanistan, Congress and the President have begun to take resolute—though sometimes partisan—steps to forestall a worsening of the recession and prevent further terrorist attacks...