Word: watsonism
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Potential pitfalls aside, the number of companies that are slashing paychecks is rising. According to a survey of 245 large U.S. companies by the human-resources consultancy Watson Wyatt, 5% of firms had reduced salaries by December. In February that figure was up to 7%. And the proportion of companies shortening the workweek - a way to cut overall pay for hourly employees - jumped to 13%, from 2%. "Six months ago, all the questions I got were about severance," says Steve Gross, who runs the employee-compensation consulting group for the HR outfit Mercer. "Now - including twice today - I'm getting...
That shift - and a drop in the number of companies telling Watson Wyatt they're planning layoffs - could lead a person to take a rosier view of the economy. "At some point, we're going to emerge from this recession, and companies know they need to emerge with some sort of staff," says Laura Sejen, head of Watson Wyatt's strategic-compensation group...
...Senior skipper Megan Watson teamed up with junior crew Liz Powers for five of the eleven races in the A-division, while sophomore crew Meghan Wareham worked the other six contests in the division. The boat finished in the top five of the 15-team field in five of the 11 contests over the two days of competition...
...James Watson The chancellor emeritus of Cold Spring Harbor Lab was one of TIME's People of the Century Thomas Jefferson said, "The press is the best instrument for enlightening the mind of man." When reading a column by Frank Rich, we suspect that Jefferson was right. With peerless intellectual clarity and wit, Rich holds our leaders to a higher standard than the one at which they too often settle...
...affair. WOMEN’S WICK AND SHREW TROPHIESHarvard’s women’s squad took home fourth place in the team competition over the weekend at the Women’s Emily Wick/Sloop Shrew regatta hosted by the US Coast Guard Academy. Senior skipper Megan Watson teamed up with sophomore crew Meghan Wareham to place first overall in the 16 races of the A division, earning five victories over the two days of competition.“The pair of Watson and Wareham sailed consistently all weekend,” freshman crew Alex Jumper said...