Word: perring
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Dates: during 1960-1969
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...REVOLUTIONS PER MONKEE (NBC, 8-9 p.m.). The Monkees host a salute to the evolution of music from a beginning in African rhythms to today's psychedelic musical freakout. Julie Driscoll and Brian Auger and the Trinity are joined by Golden Oldies Jerry Lee Lewis, Fats Domino and Little Richard among others...
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...
...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...
Members account for about 82 per cent of the Coop's sales. Thus, 82 per cent of the Coop's profits go back to the membership at the end of the year. The other 18 per cent gets cut in half by taxes, and the remainder is all the Coop has left for reinvestment and growth. Although the Coop appears to have a lot of money, it really doesn't. There are not large sums hidden away in the vaults of the Harvard Trust. In fact, whenever the Coop has needed to expand in recent years...
...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 blacks--about seven per cent--than...