Word: stakes
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There are other ways to encourage saving. How about tying a bonus to being in the 401(k) plan? Some companies have tried sending out dummy 401(k) statements to show how much money is at stake. Yet many still don't do the simple things, like allowing new hires into a plan right away. Automatic enrollment is catching on because participation levels have gone flat, and this is how corporate generals choose to reignite growth. Again, it's not a bad thing. But the generals are looking out for their hides. You look out for yours...
...experience, lift up your head from the coursebook long enough for this one. The presidential race promises to be the closest in years, with four prominent candidates in the fray. The Democrats are gunning to take back the House of Representatives. There are a number of high-profile, high-stakes Senate races, including the historic run of First Lady Hillary Clinton. Finally, propositions round off the ballot in many states, where school vouchers and environmental protection are at stake...
...Clinton, who may as well incorporate "carpetbagger" into her legal name, needs to convince voters and the press that she has a compelling stake in the future of New York State. It's an unenviable task, made even more difficult by the fact that Clinton has lived here less than a year, has no children in the public school system, and looks really bad in a Yankees...
...Despite its obvious stake in the debate, the Times took the high road, running a prim article about Bush's slip: "While waiting to speak, he leaned over to his running mate, Dick Cheney, and used an obscenity to describe a New York Times correspondent, Adam Clymer, who was in the crowd...
...graduated with mentors, and of those, 98% went on to the military or postsecondary education. Before we began the mentoring program three years ago, the figure for the graduating class was often as low as 45%." As the biggest business in the area, Sugarloaf has a stake in the students. Many are the children of staff members, and all are potential customers or employees. Then there's the intangible emotional factor. "It just feels good doing it," says Sugarloaf managing director John Diller, who participates in the mentoring program and says he has got so much out of his relationship...