Firms cook up new way to keep workers

Article Abstract:

Some employers are serving their employees gourmet meals in an effort to retain employees in a tight labor market. Also, gourmet food can be an additional reason for employees to stay longer in their workplaces. In a survey conducted by Ceridia, 36% of employers are offering free food and beverage. That percentage is higher than the percentage of employers who are offering telecommuting as a perk.

Business Personnel Management

---

Net companies lose workers to newer startups

Article Abstract:

Internet-based companies are feeling the effects of fierce competition within the industry as established firms become the target of newly established corporate raiders. Competition for proven talent has become even more intense with the entry of new firms that are hoping to reduce the risks involved in the endeavor. Targets of these recruiting moves includes those employees of firms that have recently been taken over or simply those who want to begin anew.

On-Line Information Services, Videotex & Teletext Svcs NEC, Internet services, Online information services

---

Ford plans to pay low-performing workers to quit

Article Abstract:

Ford Motor will offer severance plans in 1998 to its low-performing workers to make them depart the company. The company's severance plans will be effected under voluntary retirement and separation programs. Citing internal Ford Motor papers, the Detroit Free Press reported that future merits/bonuses will be limited for the targeted low-performing employees who do not have participations. Ford Motor spokeswoman Francine Romine-MacBride stresses that workers' performance is just one aspect that will be considered, adding that this procedure is common.

Comment:

Will offer severance plans in 1998 to its low-performing workers to make them depart this co

Motor Vehicles & Parts, Transportation Equipment Manufacturing, Ford Motor Co., Article

Similar abstracts:

• Abstracts: Failure to define company's purpose led to AT& T's 4-way split. E-novel approach promises new chapter for book lovers
• Abstracts: Jeans workers helped to face life after Levi: Company offers transitional services. . Office workers learning to duck message onslaught
• Abstracts: Bank of Canada not seen following suit. No sign of imminent economic slowdown here, wachers say. Economists foresee dollarization
• Abstracts: Nortel plans to cut 10,000 jobs and as it lowers earnings outlook
• Abstracts: Ford says it will quit Firestone if buyers shun tires. GM beefs up incentive plan. Hot rods, hot wheels: autos power up

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.