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Articles by Michelle Rafter

Restaurant Workers in the Drive-Thru Lane

April 13, 2005
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Widespread labor shortages are forecast as an improved economy has employees looking to make a move. Many chains are already seeing a negative financial impact.
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Welcome to the Club

April 8, 2005
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Costco pays generous wages and benefits in accord with CEO Jim Sinegal’s maxim: "Taking care of your employees and turning inventory faster than your people is good business." The chain is experiencing booming growth and surging revenue and profits.
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Trucking Outfit Shifts Hiring Into Overdrive

April 1, 2005
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With help from some new recruiting software, Southeastern Freight Lines has dropped the amount of time between when someone applies and their first day on the job by 40 percent.
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IRS advice to large companies Hit the books

January 3, 2005
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Internal reviews of pension plans and executive compensation may help companies avoid penalties and disruptive probes.
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Telecounseling Find Favor With EAPs

November 1, 2004
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Some companies are advancing the telephone from a referral tool to a way to deliver therapy. Proponents say it’s an efficient, effective way to deal with all but the most serious mental-health issues, but critics say it’s untested and is offered only to curb costs.
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The Cash-Balance Battle Grinds On

November 1, 2004
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"Massive plan termination" is possible unless Congress acts.
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Quiet Retirement

October 1, 2004
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From jobs to health care to retirement, President Bush and Sen. John Kerry are promoting proposals that will directly affect employers. This special report analyzes these key issues, contrasting the approaches the candidates say they'll take. Social Security and pension reform: Heard much about these issues during the campaign? No one has.
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Good-Bye to the Golden Age of Options

September 3, 2004
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Rules from the Financial Accounting Standards Board won't take effect until 2005 or later. But many companies are already refashioning their incentive plans, curbing the amounts of their option grants, limiting who is eligible, or both.
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Without a Plan for Replacing Options, Companies Could Lose Their Best People

August 13, 2004
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Mellon’s Ted Buyniski talks about what companies are doing in response to stock-option accounting proposals, and who’s really paying the price.
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