Word: paychecks
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...grew up in Start, La., a town, he says, that consisted of "a cotton gin, a couple churches and a school or two." Tim's father Horace Smith, a trucker, would take his son on runs, a load of cottonseed in the back, eight-track tapes of Johnny Paycheck and Charley Pride in the front. "By the time I was six," says McGraw, "I felt as if I knew the words to every album Merle Haggard ever recorded...
...just love to write, and I love sports. To combine the two only seemed logical. My time as a writer and editor and even the insane hours I put in as an Associate Sports Editor never seemed like a job--never mind that nobody ever gave me a paycheck...
...loans of that size afflict only one in five buyers nationwide. And so what? They can afford it, right? Don't be so sure. In today's torrid housing market, prices in some regions are escalating far faster than personal income, shoving more home buyers into jumboland without a paycheck to match. In Louisville, Dallas and Phoenix, prices are going up 7% to 10% a year. In Charleston, S.C., home prices rose 16% last year. In San Francisco the median home price rose 12%, to a pocket-draining $321,700. Let's put that number in perspective...
...they easily relapse into substance abuse and end up back in prison. As a woman recently released in Massachusetts said, "We're set up to fail, given nowhere to go. It's a big setup and they know what they're doing--it's their job, it's their paycheck." I personally heard a guard say without hesitation, "It's job security...
Since Kim became chief executive last year, that's exactly what bank employees have been doing. Property assessments were computerized with help from U.S. consulting firm McKinsey & Co., and loan officers must spend their time drumming up new business. Or else: 30% of their paycheck is tied to performance. Improved efficiency means homeowners today can get loans of up to 80% of the assessed value of their homes. The bank's president and CEO wants his employees to think like entrepreneurs and sends frequent e-mail to hammer home the message. He even brings in motivational speakers from other walks...