Word: moneys
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Dates: during 1990-1999
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...tempting to write off this trend as a fad born of an economy that doesn't know when to quit, abetted by companies with more money than they know how to spend. But unusual offsites may be tapping into an economic shift that is more lasting than the bull market--the need for "soft" (interpersonal) skills in a quick-moving, unstructured service economy in which advantages are momentary and a slight shift in the business model can mean either big bucks or doom. "Because of all the complexity and chaos that we face in this era, we have to look...
...pursuit of those ambitious objectives, however, not every offsite is worth a company's time and money. It's useless "to put employees out in some wilderness area and say, 'Well, no one got eaten by a bear,'" says Tom Zimmerer, director of the Breech School of Business Administration at Drury College in Springfield, Mo. The formula for a good offsite is much more complicated and practical than that. Consider the following examples...
...each station, helping teams determine how to save time. But guidance was as limited a resource as time and ingredients; the group had help for only one hour to make their two-hour deadline. They had to husband their consulting time to meet the boss's goal of spending money more carefully...
...paid just the minimum 2% on a $5,000 balance at 15%, it would take you 32 years, and you'd pay $7,700 in interest.) "This is an industry that's run amuck," says Frank Torres, legislative counsel at Consumer Union. "Fees are another way to squeeze money out of consumers...
Even American Express, which makes much of its money from merchants on its credit and charge cards, is using its popular Membership Rewards program as a fee generator. The company has hiked annual fees in the program 60%, to $40. If you want to link your personal card with your corporate card, that's another $10, please. And if you're late with your card payment, you pay a fee of around $15 and forgo your points for that month--unless you ransom them for another $15. Like many issuers, Amex has added a mandatory-arbitration clause, so customers...