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Still, some workers at Southwest are demanding a raise. The flight attendants' base pay of $23 an hour for a six-year veteran trails the pay at other carriers by as much as $15. They have just started negotiations on a new contract, which union president McDaniel vows will include "industry leading" wages. Entry-level mechanics at Southwest had long been paid slightly less than the industry average--a factor that moved the mechanics union to force the company before a federal mediator. On Oct. 11, the mechanics accepted the company's second contract offer. But one mechanic warned...
...newly minted college grad just entering the working-stiff world as a credit analyst in the Hong Kong branch of a foreign bank. That was before she decided that her brother, teen idol Edison Chen, was having way more fun than she was. Meetings were held, a contract was signed?and Chen popped out of the Hong Kong star-making microwave like a sugar-coated pineapple bun. Her first single, Future Tense, was released to local radio stations last month, and her debut album, a self-titled Canto-pop affair overlaid with R. and B. beats, will come...
...Kong) wanted to be artists. He responded that Tricia did, and the media spread the news. Paparazzi started chasing her. Not long after, Albert Yeung, chairman of Emperor Entertainment Group (EEG) and arguably the most powerful man in Hong Kong's entertainment scene, offered Chen a recording and management contract while the two chatted backstage at one of Edison's concerts. Yeung is a longtime friend of Chen's dad and owns Music Plus, Edison's record label...
...Ignoring warnings from her brother about the demands placed on pop stars, Chen says she started taking singing and dancing classes to "see what it would be like." In February, she quit her job after going into contract negotiations with EEG. "I was already doing photo shoots for magazines, so I thought, 'Why not?' I didn't want to look back at 65 and wonder 'what if?'" Ultimately, Chen opted to sign not with EEG but with Century Elements, the new artist-management and recording subsidiary of China International Trust & Investment Corp. (CITIC). The deal was championed by Li Bolun...
...Hong Kong market is small and getting smaller; CD sales have plunged by nearly 60% since 1996 to $96.6 million last year. Inevitably, mainland China is seen by entertainment companies as increasingly important, so record companies want artists with cross-cultural appeal. It's no accident that Chen's contract-signing was announced?with great fanfare and at great expense?not in Hong Kong but in Beijing at Diaoyutai State Guesthouse, the exclusive government compound that houses visiting dignitaries and where China's leaders issue directives from red, doily-covered armchairs. Katy Tsim, a marketing manager at Century Elements, says...