Word: packards
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...Hewlett-Packard's new look...
...Hewlett-Packard, the electronics company, owns a dozen vacation spots for its workers to use, including a country house in Japan, a lakeside resort in Scotland and several ski chalets in the German Alps. Hospital Corp. of America pays its employees to keep fit by giving them bonuses for every mile they jog and every lap they swim. Control Data, the computer manufacturer, and Reader's Digest have community gardens on company grounds where employees can grow their own vegetables. And, yes, there is a free lunch, at least for all workers at the Morgan Bank and Northwestern Mutual...
...authors did not rank their 100 best companies, but they did choose a Top Ten. In alphabetical order, they are Bell Laboratories, Trammell Crow, Delta Air Lines, Goldman Sachs, Hallmark Cards, Hewlett-Packard, IBM, Northwestern Mutual Life, Pitney Bowes and Time...
...plan, and last year gave many employees a year-end bonus of 25% of their salaries. IBM offers such benefits as free physical examinations for those over 35, dental insurance, adoption assistance (up to $1,000) and two country clubs that employees can join for $5 a year. Hewlett-Packard provides free coffee and doughnuts twice a day and sometimes throws informal beer busts in the afternoon during working hours. At Trammell Crow, the real estate developer, partners own a stake in the properties they manage. As a result, some 5% of the company's employees are worth more...
American manufacturing is still less than it could be, or must be if U.S. factories are to regain world markets. Says Hewlett-Packard President John Young: "A strong manufacturing sector is central to this country's ability to compete. We shouldn't point to our surplus in services and convince ourselves that probably everything is going to be all right. Manufacturing is the base that creates many of those services." For U.S. manufacturing, investors, politicians and plain citizens, that is an important nuts-and-bolts lesson. -By John S. DeMott. Reported by Paul A. Witteman/Detroit and Adam Zagorin/New...