Word: planned
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Dates: during 1970-1979
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Company contributions to the medical insurance plan would climb $12 a month per family, to $84; the percentage rise exceeds the guidelines, but the amount of money involved is small-less than workers had demanded. Union members were expected to approve the settlement, and it will probably serve as a model for the 98 other firms involved in the industrywide bargaining...
...less success with his proposal for "real wage insurance." Under it, groups of employees who settle within the wage guidelines would get income tax credits if inflation were to rise above 7% this year. The measure goes to Capitol Hill this week, but so many Congressmen believe that the plan would be an administrative nightmare that it is virtually dead...
More than 400 major corporations, and uncounted small ones, offer employees an exercise plan. Most schemes are designed to keep top-level executives in working order, but many firms have begun exhorting even rank-and-file employees to get out there and sweat...
Exercise programs also give employees a chance to work off job and family frustrations. Chicago's Excello Press began a fitness plan a year ago after an irate pressman hurled his lunch pail into a press, causing $30,000 in damage. Now, says Excello President Gary Feldmar, "workers have a much more relaxed attitude. They can slam a racketball against the wall and pretend they're hitting their wife's head, or mine, and release tensions in a heal...
...most participants, however, a corporate fitness program is the hottest perk since the executive washroom. "I feel better and it helps my whole attitude," says Mort Roman, a manager for Atlantic Richfield in Los Angeles. Vance Foreman, chief engineer at Xerox, credits his firm's plan with cutting his hypertension medication from three pills a day to one. Says he: "Before I'd change jobs, I'd ask an employer...