Word: move
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Dates: during 1970-1979
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...draconian move, the Administration is backing a bill to put a lid on hospital revenues, limiting them to a 9% increase each year. Totally opposed to such controls, the hospitals have responded with a bill of their own, which has a better chance of being passed by Congress. They want to try to reduce the rate of increase by 2% in 1978 and in 1979; only if they failed would they be subject to federal controls. So far, hospitals have succeeded in slowing the rise in costs by more than 2%, but HEW is skeptical about their continuing...
...addition, she can receive free psychiatric counseling from the state to help her cope with her family's considerable problems. Daughter Lucy, 16, became pregnant last December and chose not to have an abortion, even though the state would have paid for it. Instead, she elected to move into the private Florence Crittenton Association home, where all her expenses are taken care of by the State Welfare Office. Should she decide to keep the baby, the two may form a new family unit eligible for HEW Aid to Families with Dependent Children, though they live in the same household...
More and more executives and their families are refusing to be uprooted, even if the transfer means higher rank and salary. Merrill Lynch Relocation Management, Inc., which specializes in moving executives, estimates that 200,000 to 300,000 of them will be asked by their employers this year to move to new locations and one-third to one-half will object; only a decade ago, the refusal rate was no more than 10%. Says James E. Wall, vice president of Celanese Corp.: "The balance has definitely shifted away from saluting the company and marching off to Timbuctu toward a greater...
...headquarters job in Miami, Burdine's, a big department-store chain, agreed to a setup by which she spends only two days a week in Miami and goes to New York on buying trips every six weeks. Says Celanese's Wall: "A lot of guys refuse one move, but if you refuse two in a row, that's bad. And if you refuse three in a row, you may really be sticking yourself in the job you're in." Adds Ross Anderson, chairman of I. Magnin department stores: "We would never fire someone for turning down a move...
Since some transfers are inevitable, companies are trying to make the moves as painless as possible. Many companies use elaborate relocation services that take care of all arrangements, including the sale of the old house and the purchase of the new one?at no loss to the transferred executive. Raises are generally fattened, particularly if the move is to an unattractive or expensive area such as New York City or Cleveland. State Farm Mutual Automobile Insurance Co. automatically raises the base pay of managers sent to areas where living costs are higher than the national averages. The cost of living...