Word: loralic
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Dates: during 1969-1969
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...Bonus. The surfeit of shortages is reflected in the rising fees charged by employment agencies and training schools. Some agencies collect as much as $2,400 to fill a $15,000 job. Rather than pay such bounties, Loral Corp., a Scarsdale, N.Y., electronics firm, offers a color television set to any employee recommending an engineer who remains with the company for at least three months. Marcor, Inc., formed by the merger of Montgomery Ward and Container Corp. of America, awards $100 merchandise credits to employees who help recruit new data processors and secretaries...