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...drop her off, and I'm at work in five minutes," says Mangalino-Pasa, an assistant nurse manager at Mount Sinai. "If she were in another school, I'd have to wait around to send her to school at 8:30. Plus, if there's a school event or if I want to have lunch with her, I can walk right over...
Unlike most other working parents, Esmeralda Mangalino-Pasa doesn't worry about the logistics of getting her second-grade daughter to and from school. She just brings Kassandra Pasa, 7, to work with her at Mount Sinai Medical Center in Miami Beach at 7 each morning--just when she's supposed to start her job. Kassandra, along with 90 other children of employees, is there to attend Mount Sinai's on-site elementary school, which is run by Dade County Public Schools but uses Mount Sinai's facilities. At the end of her nursing shift at 3:30 p.m., Mangalino...
...Mount Sinai is one of 30 corporations, including Target in Minneapolis, Minn., and Agilent Technologies in Santa Rosa, Calif., to have a work-site school on its premises. The medical center provides three portables and maintenance of the space, while Dade County provides the teachers, books and curriculum. In the end, overcrowding is alleviated for the school district, while the company gains lower absenteeism and turnover rates among employees who utilize the school. American Bankers Insurance Group in Miami found that among employee-parents, its school reduced absenteeism 25% and lowered its turnover rate from 16% to 4.5%. Dade County...
...fact, it's the extra time Mangalino-Pasa gets with Kassandra that makes going to work each day all the more enjoyable. "We have to drive to and from Mount Sinai, so we get an hour and a half of quality time every day," says Mangalino-Pasa. "We turn off the radio and talk about her day and practice math and spelling. You can't exchange that for anything...
...financial adviser. The average age of Stein Roe Young Investor Fund's 231,248 shareholders is 10. "I check the newspaper to see how the stocks are doing that I invested heavily into," says Bethany Murphy, 11, who came by a hypothetical $50,000 portfolio when her Mount Laurel, N.J., newspaper ran a contest to track readers' stock picks. Bethany lost the contest but discovered a knack for choosing stocks by virtually "earning" a 14% return. Typical of market-savvy children, she has an astute eye for the world around her. She won a national essay contest, advising Stein...