Word: paychecks
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...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...
...three ROTC departments indicated they would implement the salary increase with the next monthly paycheck...
...Tony Lema, 30: the World Series of Golf, shooting a two-under-par 138 at the Firestone Country Club in Akron. "Champagne Tony," the British Open winner, fired a last-round 68, coasted to a five-stroke victory and the biggest paycheck in golf: $50,000. It was all "unofficial" as far as the Professional Golfers' Association was concerned, but the victory boosted Lema's 1964 win nings to $122,555 - ranking him ahead of the two top "official" moneywinners, Arnold Palmer ($110,743) and Jack Nicklaus...