Word: goodyear
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...salary, meeting the rising interest rates on a $3,000 home-repair loan will be a stretch. And yet not every cautious consumer is in the Kerry camp. After several months of joblessness, Jesse Roecke, 46, of Midland, Mich., will soon start work as a senior executive for Goodyear Tire & Rubber. He's more frugal now but unwilling to accept Kerry's rollback of tax cuts. "I believe there's a broad-based recovery," he says. "Bush was on the right track...
...That’s how we carve out our niche,” he explained, picking up a 1974 driving shoe with Goodyear soles. “This thing’s on fire. On the West coast, this is pimp, but on the East coast it may have a more European flavor...
Switching Quincy to wind power for one week will mean that the House will emit about 25 tons less carbon dioxide—the equivalent of two Goodyear blimps—said resident tutor David M. Thompson, who is spearheading the initiative and set up a table in the House lobby to collect money to fund the switch...
Critics say rank and yank can be used as a smoke screen for downsizing or simply dumping older workers who populate the lower rankings. Ford and Goodyear dropped their forced-ranking systems after a number of discrimination lawsuits. GE is using its grading practice to cut labor costs, says a former manager in the medical division. He says he was pressured to identify employees as "Code 4s" (on a 1-to-4 ranking scale, with 4 being worst) and "get rid of them. I never had 10% of my workers who were Code 4s, but I had to come...
...increasingly it is a whole package of benefits. Companies have long been shifting from traditional pension plans, in which workers get a guaranteed income in retirement, to 401(k) plans, in which the pension depends on how much employees saved and how well they invested. And companies like Goodyear, Charles Schwab and Textron are reducing the amount they kick in to workers' 401(k) plans--or suspending company matches altogether. Other firms, such as Target Corp., are dropping paid vacations and health care for some workers...