Word: retaining
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...knees, pulling out his buzzing Blackberry every few moments. (His campaign staff is threatening to take it away from him.) He is clearly at ease with some domestic policy issues--dissecting the Bush tax cut, for instance, and citing a string of figures to explain why he wants to retain the breaks for the middle class while eliminating the ones for high-income Americans. On other subjects--health care and education, for example--his positions have not yet congealed, though he promises they will soon. And he has a depth of knowledge that can surprise people. When asked about forestry...
...divide has formed over the pay issue. Some on the board insist that all directors were aware of Grasso's pay and agreed to set it so high partly because the exchange is not publicly traded and cannot grant stock options to retain top managers. But exchange director H. Carl McCall, who remains a Grasso supporter, says he and others were unaware of how the numbers added up. He faults the Big Board's human-resources staff for not clarifying the amounts Grasso was accumulating through complicated bonus and pension formulas. "Not everyone on the board understood, in aggregate...
...students from safely lighting fires in their rooms. Other than a few false fire alarms, there haven’t been any major incidents involving student fireplaces in years. Furthermore, tutors—who are often only a few years older than the undergraduates they supervise—still retain the right to use the fireplaces in their suites. The administration, apparently, assumes that fires lit by law school students aren’t going to burn down dorms, or that undergraduates just can’t be trusted...
Although the lecture hall was filled to three times its seating capacity, Marglin said it is unlikely that the course will retain all those students. He said he estimates about 50 to 60 will ultimately take the class...
Microsoft's decision to eliminate stock options and instead award stock grants to its 50,000 employees reflects the same phenomenon: fear of a brain drain. Microsoft is maturing into a slower-growth company and must retain its "institution builders," says Ed Lawler, a business professor at the University of Southern California. "The company needs to attract more people who aren't as risk oriented." A recently hired Microsoft techie says getting restricted stock (with cash value) will encourage him to stay: "People like me who suffered through the dot bomb don't care as much about options...