Word: pays
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...clash of cultures. A former analyst at A.T. Kearney, who spoke to TIME on condition of anonymity because of a nondisclosure clause in his contract, recounted the reaction of senior British health officials when he suggested that they adjust for increases in pharmaceutical costs by upping the fee patients pay for prescription drugs by the equivalent of $1.60. Most British citizens currently pay around $12 for prescriptions...
...Although hour reductions appear to be a compromise, and perhaps a better option than layoffs, reducing hours continues to ask the lowest-paid workers at Harvard to bear an inequitable share of the financial burden. Staffers are physically strained by the work, and financially strained by the reduction in pay. Although hours reductions are preferable to layoffs because workers retain health benefits along with their continued paychecks, cutting the hours of people who already struggle to make ends meet circumvents the successes of the 2001 Living Wage Campaign. Therefore, although it is possible to see hour reductions...
...means talking with someone who works in your dining hall or stopping to catch up with the janitor you’ve seen in the Science Center, you may learn that someone you see every day has lost an eighth of her salary and can no longer afford to pay rent. These human interactions are a key ingredient to having a respectful community, but they also contribute to the public’s understanding of how administrative decision-making affects real people...
...save $52 for every ton we are able to recycle instead of discard as trash,” Gogan said. “So we do have to pay for it, but it is less than we would have paid to get it land-filled...
...This past Sunday, The New York Times reported on one of the financial industry’s newest tactics—to securitize not mortgages, but bought-out life insurance policies. Wall Street firms buy policies from holders, continuing to pay monthly premiums until the original policyholder dies and the firm collects the life insurance money. The way in which these policies are bundled and sold as derivatives is suspiciously reminiscent of the way mortgage-backed securities were sold to investors. Upping the ante even more is a whole new set of ethical implications that comes with buying and selling...