Word: paye
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Dates: during 1960-1969
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Community schools have bolstered community power and education in more tangible ways as well. All of them hire and pay community and parent aides, some as classroom assistants, other as full time teachers. The practice not only brings federal and suburban (gift) money into ghettos, but often encourages uneducated ghetto residents to return to school. The Roxbury Community School offers night courses in which Northeastern and B.U. teachers help parents toward high school diplomas to teacher certification...
Employee training is another area where increased efficiency would help cut expenses. Although 40 per cent of the Coop's employees are considered permanent, the other 60 per cent turn over every three months. Many students work only part-time or take a sales job to pay for holiday or seasonal expenses. Giving these short-term employees adequate training is extremely difficult. Inadequate training accounts for part of the Coop's shortage rate. Each year the Coop loses 2 1/2 per cent of its sales--about $4,000,000--in shortages. These losses include not only customer and employee stealing...
...COOPS rebate policy is one of the most misunderstood aspects of its whole operation. As a cooperative society, the Coop must pay back to its members all the profits left over from members' purchases after taxes and operating expenses. Unless the Coop pays this patronage refund, that profit is liable to be taxed up to fifty per cent as it is in any large corporation...
UNLIKE most college cooperatives, the Coop pays a rebate on every item in the store, from drugs to texts to cigarettes. The mark-up on cigarettes and records is so low that after the Coop pays a rebate on them, it ends up at times losing money. The Yale Co-op, for instance, only offers a rebate on those items with a high mark-up. The Coop's policy has always been to pay its members a dividend on every item they purchase...
...ways of improving employee training. This assignment brings them to grips with both the operation and community aspects of their job. The community is interested in employment and the Coop wants and needs good employees. No one is going to get rich working for the Coop, but it does pay the minimum wage of $1.60 per hour, with the average employee wage at $1.95 per hour. For a number of years the Coop has sought employees through Action for Boston Community Development (ABCD), the largest agency in Boston working in the poverty field. While the Coop already employs proportionately more...