Word: paycheck
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Dates: during 1960-1969
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When most Americans cast eyes on their first paycheck of the new year, shudders flashed down their backbones straight to their wallets. To help offset higher benefits and the new medicare program, the social security withholding nick in take-home pay went up from 3.625% to 4.2% on Jan. 1. As a result, a man earning $100 a week saw his paycheck shrink 58?. The $10,000-a-year man's first weekly take-home was down...
Hope Diamond is a pro, but one gets the feeling that she's as much of an efficient businesswoman as a performer, that she draws a paycheck, not like the older burlies performers the very breath of life, from the spotlight. She's more of a respectable madame figure than a temptress. And when the show has closed and the props are packed, she is no longer Hope Diamond, gem of the exotics, but Leona Bonaccolte, reader of Gibran, mother, and resident of Edgewater...
...could deal intelligently with the difficulties ahead. Beyond all that, there was the more immediate problem of making up lost advertising revenue and winning back lost readers. And despite their strike benefits, the Guildsmen would be a long time making up what they lost in three weeks without a paycheck...
Paternalism counts for as much in Europe as the paycheck-and can be almost as expensive. Fringe benefits, for example, add up to as much as 55% of the average salary, compared with only 16% in the U.S. Besides providing cradle-to-grave medical and pension plans, companies in Italy are also expected to provide such extras as summer camps at the shore, low-cost housing and nurseries for employed mothers. French companies with more than 15 employees are required by law to provide lunch at greatly reduced prices. A German is more likely to change jobs for a better...
...into a dozen operating departments that are only loosely supervised from above. A department general manager is like a captain on a ship, free to chart his own course so long as he meets schedules and wins battles, and he has a broader field of command and a plumper paycheck than most company presidents-often $250,000. Half of the general managers control sales of more than $100 million annually, and the one who runs the biggest department-textile fibers-is responsible for close to $1 billion...