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Although starting pay for some positions at Southwest lags behind that of other carriers, Southwest has traditionally made up that deficit with generous profit sharing and stock options--based on shares that have dropped 24% so far this year, after almost doubling in value over the past five years. The company is valued at $10.8 billion, more than the other major U.S. airlines combined. And employees own more than 10% of Southwest's outstanding shares. Southwest also offers something even scarcer than a valuable stock: job security. While the other majors are shrinking their service and laying off workers, Southwest...

Author: /time Magazine | Title: One Airline's Magic | 10/28/2002 | See Source »

More than other airlines, Southwest compensates its workers in ways other than base pay. It contributes 15% of its pre-tax income to a profit-sharing plan. Immediately after Sept. 11, 2001, Southwest management assured its workers and unions that no one would be laid...

Author: /time Magazine | Title: One Airline's Magic | 10/28/2002 | See Source »

There's politics in everything, but in the movies, politics is usually tempered by the profit motive...

Author: /time Magazine | Title: 10 Questions For Fred Thompson | 10/28/2002 | See Source »

...station itself probably won’t close because it is non-profit,” said WHRB President Mona C. Lewandoski ’03. “But if the fees are too high, the Web station may [shut down...

Author: By Monica M. Clark, CONTRIBUTING WRITER | Title: WHRB Faces New Streaming Charges | 10/25/2002 | See Source »

...Women Reveal Their Pathways to Success, which featured Evert. LaTeef then established a women’s textile company called Pillow Talk, which made linens and pillowcases for cultural institutions. She sold it after seven years, and became the director of development of the Foreign Policy Association, a non-profit that seeks to educate the public about foreign policy...

Author: By Margot E. Kaminski, CRIMSON STAFF WRITER | Title: Cronkite and the Ebony Tree | 10/24/2002 | See Source »

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