|
Server : Apache/2.4.62 System : FreeBSD fbsdweb2.web.rcn.net 14.1-RELEASE FreeBSD 14.1-RELEASE releng/14.1-n267679-10e31f0946d8 GENERIC amd64 User : www ( 80) PHP Version : 8.3.8 Disable Function : NONE Directory : /domains/highlandlabs/cqi-bin/ALFA_DATA/alfasymlink/root/domains/hrahg/hru/otj/ |
Upload File : |
<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=windows-1252">
<meta name="GENERATOR" content="Microsoft FrontPage 6.0">
<meta name="ProgId" content="FrontPage.Editor.Document">
<title>HR - On the Job</title>
<style>
<!--
li.MsoNormal
{mso-style-parent:"";
margin-bottom:.0001pt;
font-size:12.0pt;
font-family:"Times New Roman";
margin-left:0in; margin-right:0in; margin-top:0in}
h1
{margin-bottom:.0001pt;
page-break-after:avoid;
font-size:12.0pt;
font-family:"Times New Roman";
font-weight:normal;
text-decoration:underline;
text-underline:single; margin-left:0in; margin-right:0in; margin-top:0in}
h5
{margin:6.0pt 0in; text-align:justify;
text-indent:.25in;
page-break-after:avoid;
font-size:14.0pt;
font-family:"Times New Roman";
font-weight:normal}
div.Section1
{page:Section1;}
span.SpellE
{}
span.GramE
{}
-->
</style>
</head>
<body bgcolor="#FFFFFF">
<p align="center"> <img border="0" src="../graphics/hronthejob.jpg" width="504" height="54"></p>
<h1 align="center"><font face="Verdana, Arial, Helvetica, sans-serif" size="+3">Managing
People Is A Tough Job </font></h1>
<p class="MsoNormal"><span style="font-size: 14.0pt"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">A
surprising trend has been developing for several years. More workers are
refusing to accept supervisory or managerial promotions. There is much
discussion about why this is so. </font></span></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">The
larger view is that younger people and students have come into the workforce
with distrust or dislike for �the corporate structure� �authority�, �being part
of the system�, �being judgmental� or being the responsible one in charge.
All of which is inherent in the job of managing people.</font></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">But
in reality, that problem exists in only a small percentage of the workforce.
There are however real problems that make today�s managerial job tougher.</font></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">At
a recent meeting of the American Society of Safety Engineers (ASSE) Bruce Tolgan,
author of books on managing the differences in work force generations, said
that it�s getting harder to manage people. He identified the following
three reasons based on 12,000 interviews over 12 years.</font></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>1.
Generations.</b> The workforce is both aging, as the Baby Boomers reach
their 60s, and is also seeing a surge of workers who are just completing college.
This means that the workforce is becoming more diverse and one management philosophy
may not fit all.</font></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>2.
Work Systems.</b> The old idea of employees working in a pyramid structure
with one boss at the top overseeing multiple layers of management has changed.
Workers now work in a flexible, multi-responsibility work structure, where the
job and the work assignments are determined on an as-needed basis.</font></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>3.
Loyalties.</b> Workers no longer stay with the same company for life.
Their loyalty is less to the company and more to their careers, the technology,
their personal life and their families. They will change entire
careers as often as their parents used to change jobs.</font></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">In
his research, Tolgan found that today�s job candidates often interview the company
as much as the company interviews them. New employees expect to be heard
and to make a difference right away. They expect to perform better and
when they do they expect to be rewarded quickly. The new workers, he said,
are more high energy and better performers but they are also high maintenance.
They need lots of attention, recognition and special handling. </font></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><i>His
advise to managers in their tougher new jobs included the following five items:</i></font></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>1.
Managers must know their people. </b>As individuals, each has their own
motivators and de-motivators.. Know their names, strengths, weaknesses,
potential and more.</font></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>2.
Managers must document performance.</b> Write down accomplishments and
failures. Reward high performers and let low performers go.</font></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>3.
Managers must <u>not</u> treat all employees the same</b>. The conventional
wisdom is that the �fair� thing to do is to treat all employees the same.
Not all employees give the same performance. Treat each one as an individual
and reward each based on their performance.</font></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>4.
Managers must hold employees accountable</b>. If after helping them to
improve their work they still cannot meet the company�s standard of performance,
let them go. </font></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>5.
Managers must get rid of low performers.</b></font></p>
<p class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">There
are several reasons you must do so:</font></p>
<p class="MsoNormal" style="text-indent: -.25in; margin-left: .3in"> <font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><span style="font-size: 14.0pt; font-family: Symbol">�<span style="font:7.0pt "Times New Roman"">
</span></span>They are being paid for sub-par work and have become an expense</font></p>
<p class="MsoNormal" style="text-indent: -.25in; margin-left: .3in"> <font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><span style="font-size: 14.0pt; font-family: Symbol">�<span style="font:7.0pt "Times New Roman"">
</span></span>High performers do not want to work with low performers.
And it will affect their work and moral.</font></p>
<p class="MsoNormal" style="text-indent: -.25in; margin-left: .3in"> <font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><span style="font-size: 14.0pt; font-family: Symbol">�<span style="font:7.0pt "Times New Roman"">
</span></span>High performers have to make up for the work of low performers.</font></p>
<p class="MsoNormal" style="text-indent: -.25in; margin-left: .3in"> <font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><span style="font-size: 14.0pt; font-family: Symbol">�<span style="font:7.0pt "Times New Roman"">
</span></span>You set the standard based on the work you accept. You are
rewarding bad performance. You will always get more of what you reward.</font></p>
<hr>
<h2 style="margin-left:.75in" align="center">
<font face="Verdana" color="#008000">Have an employment question?</font></h2>
<h3 style="margin-left:.75in" align="center"><font face="Verdana">Send it to
<a href="mailto:[email protected]?subject=From HR On The Job">
[email protected]</a></font></h3>
<p style="margin-left:.75in" align="center"><b><font face="Verdana" size="2">
Please include Company Name and Association in your e-mail. Company
identification will be kept confidential.</font></b></p>
<hr>
<h2 align="left"><b><u><font
face="Verdana, Arial, Helvetica, sans-serif">Hitchhiking on the Information
Highway</font></u></b></h2>
<p align="left"><font face="Verdana, Arial, Helvetica, sans-serif"><b><font
size="4" color="#FF0000">Dateline: January 2006</font></b></font></p>
<p class="MsoNormal"><i><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1">Note. Although we attempt to provide the HRU update on the first
of each month, we are normally delayed awaiting the release of several
monthly government statistical reports. We will hereafter update the information
as each report becomes available without waiting for all of them to be
released.</font></i></p>
<p> </p>
<table border="0" width="100%" height="67">
<tr valign="top">
<td width="100%" height="370">
<blockquote> <span style="mso-ignore: vglayout">
<div align="center">
<h3 class="MsoBodyText2" align="center"><font size="4" face="Verdana, Arial, Helvetica, sans-serif">Let�s
fire A Bunch Of People And Split The Money</font></h3>
<p class="MsoNormal" align="left"><font size="-1" face="Verdana, Arial, Helvetica, sans-serif">If
you were told that your company was going to eliminate 16% of all
the jobs in order to give the survivors a 65% increase in pay, and
that you were part of the 16% losing their jobs, would you be OK with
that? Or would you find a lawyer and file a complaint
with the Dept Of Labor or EEO? </font></p>
<p class="MsoNormal" align="left"><font size="-1" face="Verdana, Arial, Helvetica, sans-serif">In
fact that�s just what happened in the city of Santa Fe, New Mexico.
However, no complaints were filed because it was the city that did
it. The city passed a �Living Wage � law in order to raise the
wages of the lowest paid, least educated workers. Similar laws
in many cities and states have been passed raising the minimum wage
to over $11.00 per hour. Historically it has been suspected
that this results in the elimination of those low paid jobs.
Cutting lawns and baby-sitting jobs for neighborhood kids were pretty
much eliminated when the law required $5.00 per hour for such jobs.
</font></p>
<p class="MsoBodyText3" align="left"><font size="-1" face="Verdana, Arial, Helvetica, sans-serif">An
independent study conducted by Dr. Aaron Yelowitz of the University
of Kentucky showed that Santa Fe�s 65% increase in the minimum wage
(from $5.15 up to $8.50) resulted in the loss of 540 jobs. And
almost all of those jobs were held by people with less than a high
school education. </font></p>
<p class="MsoNormal" align="left"><font size="-1" face="Verdana, Arial, Helvetica, sans-serif">The
research also showed that low-skilled workers who kept their jobs
were averaging 3.2 hours less per week. The Study was based
on the increase passed by the city in June 2004. </font></p>
<table border="1" width="50%" id="table8" cellpadding="2" height="102">
<tr>
<td valign="top" height="86">
<h4 class="MsoBodyText3"><font face="Verdana, Arial, Helvetica, sans-serif">�At
the moment of commitment, the universe conspires to assist you�</font></h4>
<h4 class="MsoBodyText3"> <font face="Verdana, Arial, Helvetica, sans-serif"> Johann
Wolfgang Von Goethe</font></h4>
</td>
</tr>
</table>
</div>
</span><p> </p>
<span style="mso-ignore: vglayout"></span>
<div align="center">
<h3><span style="mso-ignore: vglayout"><font face="Verdana, Arial, Helvetica, sans-serif">The
Harder I Work The Happier I Get</font></span></h3>
<p class="MsoNormal" align="left"><span style="mso-ignore: vglayout"> <font face="Verdana, Arial, Helvetica, sans-serif" size="-1">A
new survey of over 200,000 U.S. workers by Sirota Survey Intelligence
found for the second consecutive year, that employees who have the
least amount of work to do are the least satisfied with their jobs.
</font></span></p>
<p class="MsoNormal" align="left"><span style="mso-ignore: vglayout"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
The employees surveyed were asked to indicate their level of satisfaction
with their jobs based on the amount of work they had to do - using
a satisfaction scale of 0 to 100, with 100 being the most satisfied.
</font></span></p>
<p class="MsoNormal" align="left"><span style="mso-ignore: vglayout"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"> </font></span></p>
<p class="MsoNormal" style="text-indent: -.25in; margin-left: .3in">
</p>
<p class="MsoNormal" style="text-indent: -.25in; margin-left: .3in" align="left"><span style="mso-ignore: vglayout"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">�
When my job workload is about right:
68 points</font></span></p>
<p class="MsoNormal" style="text-indent: -.25in; margin-left: .3in" align="left">
<span style="mso-ignore: vglayout"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">�
�������..have too much work:
60 points</font></span></p>
<p class="MsoNormal" style="text-indent: -.25in; margin-left: .3in" align="left">
<span style="mso-ignore: vglayout"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">�
����.�have much too much work:
52 points</font></span></p>
<p class="MsoNormal" style="text-indent: -.25in; margin-left: .3in" align="left">
<span style="mso-ignore: vglayout"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">�
��������have too little work:
43 points</font></span></p>
<p class="MsoNormal" style="text-indent: -.25in; margin-left: .3in" align="left">
<span style="mso-ignore: vglayout"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">�
�����..have much too little work:
37 points</font></span></p>
<p class="MsoNormal" style="margin-left:.05in" align="left"> <span style="mso-ignore: vglayout"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"> </font></span></p>
<p class="MsoNormal" align="left"><span style="mso-ignore: vglayout"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
Finding that right balance of workload can be tricky. But why
is too much work more satisfying then too little work? The researchers
said that overworked employees may be inclined to feel more valued
to their organization while under worked employees feel under-valued
and their job insecurity increases.</font></span></p>
<table border="1" width="50%" id="table9">
<tr>
<td height="78" valign="top">
<h4 class="MsoNormal" align="left" style="text-align:center"><font face="Verdana, Arial, Helvetica, sans-serif">�A
day of worry is more exhausting than a day of work�</font></h4>
<h4 class="MsoNormal" align="left" style="text-align:center"><font face="Verdana, Arial, Helvetica, sans-serif">John
Lubbock</font></h4>
</td>
</tr>
</table>
</div>
<span style="mso-ignore: vglayout"></span><span style="mso-ignore: vglayout">
<p class="MsoNormal"> </p>
<div align="center">
<h3 class="MsoNormal" align="center" style="text-align:center"><b> <span style="font-size: 18.0pt"><font face="Verdana, Arial, Helvetica, sans-serif">Socialized
Medicine To Be Paid By Employers?</font></span></b><b><span style="font-size: 18.0pt"> </span></b></h3>
<p class="MsoNormal" align="left"><span style="font-size: 14.0pt"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">A
Massachusetts law passed the state House Of Representatives that,
if signed, will require every employer in the state with more than
10 employees to pay into a state �Commonwealth Care Fund�, a branch
of the states Medicaid program. This fund will pay for any and
all medical care needed by state residents who have no health insurance.
</font></span></p>
<p class="MsoNormal" align="left"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
The plan is a complicated schedule of payments and credits to employers.
Companies with less than 10 employees are exempt from the plan.
Companies with 11 to 100 employees may have to pay 5% of their payroll
into the plan. Companies with more than 100 employees may have
to pay 7% of their payroll into the plan. Most will be allowed
credit for health care coverage already provided.</font></p>
<p class="MsoNormal" align="left"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
Employers with 50 or more employees who do not provide health insurance
will be billed for the total cost of all medical services if their
employees seek any health care from hospitals or health centers.</font></p>
<p class="MsoNormal" align="left"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
The state intends to provide health care to all citizens who need
it unless they have health insurance. Is it likely that employers
may find it more economical to cut back on health insurance, stop
providing it altogether, cut back on payroll or move more toward automation?
There will be much discussion and wrangling about the bill before
it goes into effect on July 1, 2007.</font></p>
<p class="MsoNormal"><span style="font-size: 14.0pt"> </span></p>
<table border="1" width="50%" id="table10">
<tr>
<td valign="top" height="117">
<h4 class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif">�The
best executive is the one who has sense enough to pick good
men to do what he wants done and self restraint enough to keep
from meddling with them while they do it�</font></h4>
<h4 class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif">
Theodore
Roosevelt</font></h4>
</td>
</tr>
</table>
<h1> </h1>
<h3><font face="Verdana, Arial, Helvetica, sans-serif">What�s Black
And White And Read All Over?</font></h3>
<p class="MsoNormal" align="left"><span style="font-size: 14.0pt"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">A
surprising report by the Conference Board showed that although Internet
recruiting for employment candidates now dominates the recruiting
market, 75% of all job seekers still use the newspapers when they
look for employment. </font></span></p>
<p class="MsoNormal" align="left"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
The Internet came in second with 66%, while 59% said they use other
methods such as networking among friends and contacts, contacting
professional and trade associations or using a search firm.</font></p>
<p class="MsoNormal" align="left"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
Those under 35 and with high incomes focused their job search on the
Internet. Those over 35 and with incomes under $25,000 focused
on newspapers.</font></p>
<table border="1" width="50%" id="table11">
<tr>
<td valign="top">
<h4 class="MsoBodyText3"><font face="Verdana, Arial, Helvetica, sans-serif">�My
second best household chore is ironing. My first being,
hitting my head on the top bunk bed until I faint�</font></h4>
<h4 class="MsoNormal"><font face="Verdana, Arial, Helvetica, sans-serif">
Erma Bombeck</font></h4>
</td>
</tr>
</table>
</div>
</span>
<blockquote>
<hr width="75%">
<p></p>
</blockquote>
</blockquote>
<span style="text-decoration: none"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
<table border="0" width="33%">
<tr>
<td width="64%" valign="top">
<div style="border-style: solid; border-width: 1; padding-left: 4; padding-right: 4; padding-top: 1; padding-bottom: 1">
<p align="left"><font size="-1"
face="Verdana, Arial, Helvetica, sans-serif"><b>Minimum Wage:</b></font></p>
</div>
</td>
<center>
<td width="100%" valign="top">
<h3><font
face="Verdana, Arial, Helvetica, sans-serif">$5.15/hr.</font></h3>
</td>
</center>
</tr>
</table>
<table border="0" width="99%">
<tr>
<td width="13%" valign="middle" style="border-left-style: solid; border-left-width: 1; border-right-style: solid; border-right-width: 1; border-top-style: solid; border-top-width: 1"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>Average
Income:</b></font></td>
<td width="67%" style="border-left-style: solid; border-left-width: 1">
<table border="1" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="100%" id="AutoNumber4" height="76">
<tr>
<td width="100%" height="76">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="100%" id="AutoNumber5">
<tr>
<td width="50%" align="center"><b><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">Hourly</font></b></td>
<td width="50%" align="center"><b><font size="-1" face="Verdana, Arial, Helvetica, sans-serif">Weekly</font></b></td>
</tr>
</table>
<table border="1" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="100%" id="AutoNumber6" height="50">
<tr>
<td width="25%" height="50">
<p align="center">
<font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
<u>
December
2004</u><br>
$15.85</font></td>
<td width="25%" height="50">
<p align="center">
<u>
<font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
December</font></u><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><u>
2005<br>
</u>$16.</font><font size="-1">34</font></td>
<td width="25%" height="50">
<p align="center">
<span style="text-decoration: none"><u>
<font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
December</font></u><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><u>
2004</u><br>
</font></span>
<font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
$5</font><font size="-1">34.15</font></td>
<td width="25%" height="50">
<p align="center"><u>
<font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
December 2005</font></u><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><u><br>
</u>$550.66</font></td>
</tr>
</table>
</td>
</tr>
</table>
</td>
<td width="20%" bgcolor="#C0C0C0">
<table border="0" width="99%" height="96">
<tr>
<td width="100%" height="40" colspan="2">
<h3 align="center"><span style="text-decoration: none"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>Federal<br>
Poverty Level:</b></font></span></h3>
</td>
</tr>
<tr>
<td width="50%" height="48">
<p align="center"><b><u><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">One
(1) Person<br>
</font></u></b><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">$8,980</font>
</td>
<td width="50%" height="48">
<p align="center"><u><b><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">Family
of Four</font></b></u><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><br>
$18,400</font>
</td>
</tr>
</table>
</td>
</tr>
</table>
<hr noshade color="#000000">
<hr noshade color="#000000">
<b>
<table border="0" width="100%">
<tr>
<td width="37%" style="border-style: solid; border-width: 1">
<p align="left"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1"><b>IRS Mileage Allowance :</b></font></p>
</td>
<center>
<td width="63%" style="border-left-style: solid; border-left-width: 1">
<div align="left"><font size="-1"><b>44.5</b> </font><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1">cents per mile<br>
</font></div>
</td>
</center>
</tr>
</table>
<table border="0" width="100%" bgcolor="#C0C0C0">
<tr>
<td width="32%" style="border-style: solid; border-width: 1">
<p align="left"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1"><b>Postage:</b></font></p>
</td>
<center>
<td width="68%" style="border-left-style: solid; border-left-width: 1"> </td>
</center>
</tr>
<tr>
<td width="32%" style="border-top-style: solid; border-top-width: 1"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1">1 oz.</font></td>
<td width="68%"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1">.39</font></td>
</tr>
<tr>
<td width="32%"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1">Each additional ounce</font></td>
<td width="68%"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1">.24</font></td>
</tr>
<tr>
<td width="32%"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1"><i>Postcards</i></font></td>
<td width="68%"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1">.24</font></td>
</tr>
</table>
</b>
<hr noshade color="#000000">
<b>
<p>
<table border="0" width="38%" bgcolor="#FFFFFF" style="border-collapse: collapse" bordercolor="#111111" cellpadding="0" cellspacing="0">
<tr> </tr>
</table>
<table border="0" width="98%">
<tr>
<td width="34%" style="border-style: solid; border-width: 1">
<p align="left"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1"><b><u>Population:</u></b></font></p>
</td>
<center>
<td width="82%" style="border-left-style: solid; border-left-width: 1"> </td>
</center>
</tr>
<tr>
<td width="34%" style="border-top-style: solid; border-top-width: 1"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1"><b>World</b></font></td>
<td width="82%">
<p align="left"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1">6.3 Billion</font>
</td>
</tr>
<tr>
<td width="34%"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1"><b>U.S.</b></font></td>
<td width="82%">
<p align="left"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1">292.3 Million</font>
</td>
</tr>
</table>
</b>
<hr noshade color="#000000">
<table border="1" width="99%" bgcolor="#C0C0C0">
<tr> <b>
<td width="48%" style="border-style: solid; border-width: 1">
<p align="left"><b> <font face="Verdana, Arial, Helvetica, sans-serif" size="-1">U.S.
Workforce</font></b></p>
</td>
</b>
<center>
<td width="12%" align="center">
<u>
<span style="font-weight:700"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
December</font></span></u><font face="Verdana, Arial, Helvetica, sans-serif"><b><u><font size="-1">
2004</font></u></b></font></td>
<b>
<td width="12%" align="center">
<u>
<span style="font-weight:700"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
December
</font></span>
</u><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><u>
<b>
2005 </b></u></font></td>
</b>
</center>
</tr>
<tr>
<td width="48%"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1">U.S. Civilian Workforce</font></td>
<td width="12%" align="center"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">148,173,000</font></td>
<td width="12%" align="center"><font size="-1" face="Verdana, Arial, Helvetica, sans-serif">150,153,000</font></td>
</tr>
<tr>
<td width="48%"><font size="-1">Number Employed</font></td>
<td width="12%" align="center"> <font size="-1" face="Verdana, Arial, Helvetica, sans-serif">140,133,000</font></td>
<td width="12%" align="center"> <font size="-1" face="Verdana, Arial, Helvetica, sans-serif">
142,779,000</font></td>
</tr>
<tr>
<td width="48%"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1">Number Unemployed</font></td>
<td width="12%" align="center"> <font size="-1">8,040,000</font></td>
<td width="12%" align="center"> <font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
7,375,000</font></td>
</tr>
<tr>
<td width="48%"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1">Unemployment Rate</font></td>
<td width="12%" align="center">
<p><font size="-1">5.4</font><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">%</font></p>
</td>
<td width="12%" align="center">
<p><font size="-1">4.9</font><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">%</font></p>
</td>
</tr>
</table>
<hr noshade color="#000000">
<table border="0" width="100%" bgcolor="#FFFFFF" style="border-collapse: collapse" bordercolor="#111111" cellpadding="0" cellspacing="0" height="96">
<tr>
<td width="25%" style="border-style: solid; border-width: 1" height="48">
<p align="left"><font face="Verdana, Arial, Helvetica, sans-serif"
size="-1"><b>Absentee Rates (annualized)</b></font></p>
</td>
<center>
<td width="8%" align="center" valign="top" style="border-left-style: solid; border-left-width: 1" height="48"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b><u>1997</u></b></font></td>
<td width="7%" align="center" valign="top" height="48"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b><u>1998</u></b></font></td>
<td width="8%" align="center" valign="top" height="48"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b><u>1999</u></b></font></td>
<td width="8%" align="center" valign="top" height="48"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b><u>2000</u></b></font></td>
<td width="7%" align="center" valign="top" height="48"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b><u>2001</u></b></font></td>
<td width="6%" align="center" valign="top" height="48"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b><u>2002</u></b></font></td>
<td width="7%" align="center" valign="top" height="48">
<span style="text-decoration: none"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b><u>2003</u></b></font></span></td>
<td width="7%" align="center" valign="top" height="48">
<span style="text-decoration: none"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b><u>2004</u></b></font></span></td>
<td width="9%" align="center" valign="top" height="48">
<span style="text-decoration: none"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
<b><u>2nd
Quarter 2005</u></b></font></span><p> </td>
<td width="8%" align="center" valign="top" height="48">
<span style="text-decoration: none">
<font
face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b><u>3rd Quarter
2005</u></b></font></span></td>
</center>
</tr>
<tr>
<td width="25%" style="border-top-style: solid; border-top-width: 1" height="48">
<font face="Verdana, Arial, Helvetica, sans-serif" size="-1">Men equal
approximately 1/3 of all absenteeism<br>
Women approximately 2/3</font></td>
<td width="8%" align="center" valign="top" height="48"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1">2.0%</font></td>
<td width="7%" align="center" valign="top" height="48"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1">2.6%</font></td>
<td width="8%" align="center" valign="top" height="48"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1">2.4%</font></td>
<td width="8%" align="center" valign="top" height="48"><font
face="Verdana, Arial, Helvetica, sans-serif" size="-1">2.9%</font></td>
<td width="7%" align="center" valign="top" height="48">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">2.1%</font></p>
</td>
<td width="6%" align="center" valign="top" height="48">
<p><font size="-1">3.6</font><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">%</font></p>
</td>
<td width="7%" align="center" valign="top" height="48">
<span style="text-decoration: none"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
3.4%</font></span></td>
<td width="7%" align="center" valign="top" height="48">
<span style="text-decoration: none"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
3.2%</font></span></td>
<td width="9%" align="center" valign="top" height="48">
<span style="text-decoration: none"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
+6.3%</font></span></td>
<td width="8%" align="center" valign="top" height="48">
<span style="text-decoration: none"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
+4.8%</font></span></td>
</tr>
</table>
<hr noshade color="#000000">
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="100%" id="AutoNumber3" bgcolor="#C0C0C0">
<tr>
<td width="100%">
<h4><b><font size="2" face="Verdana, Arial, Helvetica, sans-serif">PRODUCTIVITY
OF THE AMERICAN WORKFORCE</font></b><font size="2" face="Verdana, Arial, Helvetica, sans-serif"><br>
(The amount of goods produced, divided by the number of work hours
it took to produce it)</font></h4>
</td>
</tr>
</table>
<p>
<table border="0" cellpadding="0" cellspacing="0" style="border-collapse: collapse" bordercolor="#111111" width="100%" id="AutoNumber2" bgcolor="#C0C0C0">
<tr>
<td width="32%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>1992</b></font></p>
</td>
<td width="68%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">3.7%</font></p>
</td>
</tr>
<tr>
<td width="32%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>1993</b></font></p>
</td>
<td width="68%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">0.5%</font></p>
</td>
</tr>
<tr>
<td width="32%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>1994</b></font></p>
</td>
<td width="68%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">1.3%</font></p>
</td>
</tr>
<tr>
<td width="32%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>1995</b></font></p>
</td>
<td width="68%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">0.9%</font></p>
</td>
</tr>
<tr>
<td width="32%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>1996</b></font></p>
</td>
<td width="68%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">2.5%</font></p>
</td>
</tr>
<tr>
<td width="32%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>1997</b></font></p>
</td>
<td width="68%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">2.0%</font></p>
</td>
</tr>
<tr>
<td width="32%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>1998</b></font></p>
</td>
<td width="68%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">2.6%</font></p>
</td>
</tr>
<tr>
<td width="32%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>1999</b></font></p>
</td>
<td width="68%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">2.4%</font></p>
</td>
</tr>
<tr>
<td width="32%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>2000</b></font></p>
</td>
<td width="68%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">2.9%</font></p>
</td>
</tr>
<tr>
<td width="32%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>2001</b></font></p>
</td>
<td width="68%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">1.1%</font></p>
</td>
</tr>
<tr>
<td width="32%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>2002</b></font></p>
</td>
<td width="68%">
<p><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">4.7%</font></p>
</td>
</tr>
<tr>
<td width="32%"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1"><b>2003</b></font></td>
<td width="68%"><font size="-1" face="Verdana, Arial, Helvetica, sans-serif">4.5%</font></td>
</tr>
<tr>
<td width="32%"><font size="-1"><b>2004</b></font></td>
<td width="68%"><font size="-1">4.0%</font></td>
</tr>
<tr>
<td width="32%">
<span style="text-decoration: none">
<font size="-1" face="Verdana, Arial, Helvetica, sans-serif"><b>1st
Quarter 2005</b></font></span></td>
<td width="68%">
<span style="text-decoration: none">
<font size="-1" face="Verdana, Arial, Helvetica, sans-serif">+2.6%</font></span></td>
</tr>
<tr>
<td width="32%">
<font size="-1"><b>2nd</b></font><span style="text-decoration: none"><font size="-1" face="Verdana, Arial, Helvetica, sans-serif"><b>
Quarter 2005</b></font></span></td>
<td width="68%">
<span style="text-decoration: none"><font face="Verdana, Arial, Helvetica, sans-serif" size="-1">
+2.1%</font></span></td>
</tr>
<tr>
<td width="32%">
<font size="-1"><b>3</b></font><span style="text-decoration: none"><font size="-1" face="Verdana, Arial, Helvetica, sans-serif"><b>rd
Quarter 2005</b></font></span></td>
<td width="68%">
<span style="text-decoration: none">
<font size="-1" face="Verdana, Arial, Helvetica, sans-serif">+4.7%</font></span></td>
</tr>
</table>
</font></span>
<h3 align="center"> </h3>
</td>
</tr>
<tr>
<td width="100%" height="61"> </td>
</tr>
</table>
<p><font face="Verdana" size="2">� 2005 William J. Cook</font></p>
</body>
</html>