Word: contracts
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None of these products have proved to be an iPhone killer. That could be problematic for Motorola in the long run, especially if Apple breaks its exclusive contract with AT&T. The Crowd Science survey found that iPhone users account for 1 in 3 smart-phone owners. Among non-iPhone users, nearly 40% say they would switch to an iPhone for their next purchase. "Much of Droid's success has resulted from Verizon pushing it as its lead product," says Jefferies & Co. analyst William Choi. "What happens when Verizon can sell the iPhone?" (See 10 ways Twitter will change American...
Despite coming off a successful season, in which he won three national titles with the men’s and women’s teams, Harvard squash coach Satinder Bajwa will not see his contract renewed for next year, according to multiple sources...
Harvard does allocate paid leave for the breaks in the academic calendar. The system is based on seniority; according to the existing contract, which is set to expire next June, HUDS employees accrue an annual three weeks of paid vacation after five years of continuous service, and every additional five years of continuous service results in another week of paid vacation every year. However, with the long-awaited arrival of J-Term, workers are forced to spread their paid vacation over not one but two lengthy breaks...
...course, the HUDS contract has its advantages, in part because of the same bleakness of the current outside options. According to Johnny R. Montes, who has worked in Annenberg’s kitchen for 20 years, the “security of the job” was his favorite part of being hired by Harvard...
However, the current contract was signed in June 2006, almost a year before Harvard’s governing boards announced calendar reform for the 2009-2010 school year and 18 months before the beginning of the current recession as determined by the National Bureau of Economic Research. “It’s drastically affected us. You’re talking about four weeks, no pay,” Childs says. “It’s put us behind in our rents and our savings for the summer time...