Olin/^
TRIBUTE
TO VOLUNTEERS
Rich Dardis helps new J.A. company offi
cers prepare production figures.
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Twenty-six high school students
are gaining new skills, confidence
and friends thanks to the dedication
of seven Olin employees. These Olin
employees oversee two Junior
Achievement companies that began
business this September.
Olin Employees
Keep
J.A. Thriving
For 15 weeks these young teens
will learn the basics of starting and
operating a business, from the distri
bution of stock to preparing financial
reports. In between they will help
make decisions on marketing, wages,
production and quality.
Billy Wilson gives J.A. financial officers
some bookkeeping advice.
Our Olin employees are at their
elbows as executive, financial and
production advisors. Besides the
weekly two and one half hour meet
ings, the Olin advisors must spend
hours learning Junior Achievement
procedures, gathering supplies and
information and supervising field trips.
Ralph Stagner discusses a quality control
problem.
It is a rewarding experience seeing
young people learn new skills and
take charge of making these business
ventures a success. Many of the Olin
advisors to the Junior Achievement
program donate their time and enthu-
Wanda Turpin (right) explains how to fill
out a stock certificate.
A Look
At Benefit Costs
Olin employees enjoy one of the fin
est benefit packages in industry. Our
employees can live each day secure
in knowing that illness, injury, disabil
ity, retirement or death won’t destroy
their family’s financial stability.
This protection costs over $3,000
per year, per employee. Yet, each
employee pays less than 10 percent
of this cost. That’s like a $3,000
bonus in your annual earnings.
These graphs make it clear what
your major benefits are and Olin’s
contribution. Note that the graphs
don’t reflect the costs of such bene
fits as vacations, holidays, social
security, the incentive thrift plan,
medical exams, travel accident insur
ance, worker’s compensation or un
employment insurance. O
siasm for several years. The current
Olin group includes:
• Rich Dardis who has worked with
J.A. three years and has managed
the Transylvania Center the last
two.
• Jim Duncan — three years —
executive advisor — Unico
• Karen Ferris — three years —
Jim Duncan helps set up a production
line.
production advisor — Unico
• Cindy Ray — two years —
financial advisor — Unico
• Ralph Stagner — two years —
executive advisor — Hy Tech
• Wanda Turpin — first year —
production advisor — Hy Tech
Karen Ferris (center) discusses sales
strategy with Junior Achievers.
• Billy Wilson — first year —
financial advisor — Hy Tech.
Olin employee Lynn Wyatt is in her
second year as a Business Basics
consultant to the Brevard Middle
School and John Ammons is on the
board of Western North Carolina
Junior Achievement. O
Cindy Ray (center) stresses the importance
of good bookkeeping.
1984 Hourly Employee Benefit Costs
1 Company Who Pays 1 I Employee
I Contribution (Pisgah Forest) I I Contribution (Pisgah Forest)
COST
Medical
Insurance
93%
3,392,161
Short Term
Disability
100%
682,851
Long Term
Disability
86%
1,266,628
Dental
100%
255,334
Life
Insurance
43%
318,071
Pension
100%
861,006
Total
Cost
91%
6,776,051