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...major worries of working parents is how best to take care of their kids. To meet that need, NationsBank of Charlotte, N.C., provides five different on-site or near-site child-care centers that are open to the children of its 100,000 employees. There is even a public school accommodating 150 students for grades K-3 that is just for children of NationsBank's employees in Jacksonville, Fla., says Nancy Poe, a vice president in the bank's personnel department. The school is a joint project of the company and the Duval County school system. "The school...

Author: /time Magazine | Title: Business Report: Perks That Work | 11/9/1998 | See Source »

...mothers and fathers at NationsBank, including those who adopt a child, can take up to six months of partial home time after their six weeks of maternity or paternity leave, Poe notes. In this program, employees can "phase back" into their jobs, working more than 20 hours and less than 40 hours, if they want...

Author: /time Magazine | Title: Business Report: Perks That Work | 11/9/1998 | See Source »

...NationsBank vice president Sheila Burroughs, 31, taking advantage of the phase-back program and spending more time with her new baby reduced the stress of jumping back into the work force after an extended maternity leave. She returned to work part time for about a month after her daughter Melissa was born in February 1997, and plans to do the same with her infant Jenna, who was born last month. "I wasn't quite ready physically or emotionally to go right back to work full time," Burroughs says. "You need that extra time to really just enjoy your baby...

Author: /time Magazine | Title: Business Report: Perks That Work | 11/9/1998 | See Source »

...need a good checking account, bigger banks are definitely not better. That's the conclusion of a new Bank Rate Monitor study, which found that small, local banks offer the best deals in the U.S., while giants like Citibank and NationsBank sock customers with charges up to $200 a year. Small community banks are opening at record rates (200 last year alone), so watch your area for high yields and low minimum balances and fees...

Author: /time Magazine | Title: Your Money: Jun. 15, 1998 | 6/15/1998 | See Source »

...mergers of equals," which allow two banks of similar size to hook up without one paying a big premium for the other. Shareholders still get a (more modest) pop, but in both stocks, not just the target's. So you can do well owning the buying bank--say, a NationsBank, First Union or Chase Manhattan. In many cases, that will be the better long-term investment anyway. But I'd also consider simply plunking some money in a well-run regional bank-stock mutual fund like Fidelity's or John Hancock's. Both are up more than...

Author: /time Magazine | Title: The Banks Vault | 4/27/1998 | See Source »

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