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...that's problematic. One reason companies opt for pay cuts is to preserve worker morale, but that can be a delicate thing. "Initially, this sounds really good to people because we're all chipping in. It's almost like in World War II when housewives bought organ meat instead of steaks and chops to save meat for the boys," says Mitchell Lee Marks, a professor at San Francisco State University's College of Business. "There's a sense of camaraderie and loyalty. But what if you don't win the war? Then why did we do that...

Author: /time Magazine | Title: When Companies Opt for Pay Cuts Instead of Layoffs | 4/27/2009 | See Source »

...accounts, accommodating all 19,000 former guerrillas in the army is not possible. Earlier this month, the Army Integration Special Committee set out to conduct the first survey of what the former rebels want to do. A vast majority are expected to opt to join the Nepal army, but those who don't make the cut will have to be assimilated into other security forces or given other jobs per the terms of the accord. "Some 5,000 have left - they just got tired of waiting," says Kosmos Biswokarma, spokesman for the U.N. mission in Nepal. "The rest are getting...

Author: /time Magazine | Title: Nepal's Maoist Government Faces Unrest in the Ranks | 4/27/2009 | See Source »

...Several professors also said that their colleagues’ love for their work might make it less likely for them to opt for early retirement...

Author: By Bonnie J. Kavoussi and Alexandra perloff-giles, CRIMSON STAFF WRITERSS | Title: Profs May Be Offered Buyout | 4/24/2009 | See Source »

...lose hugely valuable vessels and cargo to seaborne bandits. Indeed, insurance premiums have risen along with the ransom amounts, according to Regester, who estimates that coverage for a single voyage through the Gulf of Aden costs about $20,000. With shipping companies hard-hit by the global downturn, some opt simply to take their chances running the gauntlet of pirates, rather than pay insurance premiums. "I reckon less than 10% of vessels are insured now," says Regester. "K&R policies are considered a luxury." Whether or not they are covered, many companies pay ransoms, calculating that it is cheaper than...

Author: /time Magazine | Title: Why the Somali Pirates Keep Getting Their Ransoms | 4/20/2009 | See Source »

...January housing should operate on an “opt-out” framework. All students should have the default option of staying in their dorm rooms from the day after the end of winter recess to the day that marks the start of spring term. Many Harvard students will want (and ought to have the option) to spend their January working on extracurricular activities on campus or at jobs and internships in the Cambridge and Boston areas—two options that would be much less feasible without guaranteed campus housing. Renting an apartment is costly and more difficult...

Author: By The Crimson Staff | Title: Forced Migration | 4/12/2009 | See Source »

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