Word: exempted
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Dates: during 1970-1979
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International Seafoods, Inc., is owned by members of the Unification Church and is a tax-paying business. And its local competitors and detractors claim that it has an unfair advantage in the market--it has the financial backing of a wealthy tax-exempt organization and "free labor." Alper says that either International Seafood's employees--all of whom are members of the church--are not paid, or they donate their wages back to the church...
Harvard has nine salary grades for non-exempt employees (workers who must be paid overtime for working more than 40 hours a week under the Fair Labor Standards Act). Cantor says the largest sectors are grades three to five, where the wages range from a minimum of $667 monthly in grade three to a maximum of $1070 in grade five for a 35-hour work week. A beginning secretarial job may be grade three, and a beginning research assistant's job is grade five. Merit--the quality of employees' work and their assumption of additional duties--determines promotion to higher...
Another way to improve morale is to liberalize promotions. Cantor says it is relatively easy for employees to move within non-exempt salary grades--one-third of Harvard's open positions are filled from within--but that the jump from secretarial or clerical work to administrative or professional jobs is a problem. "The trouble is that moving up in that area the number of positions becomes devilishly limited," Cantor says. A typical Harvard department might have ten office workers and one administrator, but an industry would have larger departments, with a foreman, three assistant foremen, six supervisors and many assistant...
...when the money is earned and later when it draws interest or dividends). Instead, they would pay taxes on only the money they spent, thus creating a powerful incentive for saving. Impossible? Not at all, says Boskin, who adds that since interest and dividend payments also would be tax exempt, U.S. capital accumulation would rise to new highs, thus revitalizing the private sector of the economy...
Much time is spent on an eye exercise in which Bo-and-Peepers concentrate on a single object for up to an hour. They are "out of orbit" (i.e., exempt from the twelve-minute work cycles) for this, and for lectures by Bo and Peep. The Two proclaim that Bo has been Jesus, Elijah and Moses in his former lives. The spacecraft is imminently expected. It will carry believers to an enigmatic "garden" where they will get "energy" from their coequal, the King of Kings, alias Chief of Chiefs, the god who created planet earth. Believers will live eternally...