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• Minimum Deposit $1,000

HIGH WIRE page 35

•Monthly Compounding

• Interest Checks Available
On Deposits Over $10,000

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Grosse Pointe 882-6400
Bloomfield Hills 258-5300

ANNUAL PERCENTAGE YIELD
60 MONTH CERTIFICATE

Republic Announces Great Certificate Rates

SIMPLE INTEREST APY*

TERM

24 MONTHS
36 MONTHS
60 MONTHS

4.07%*
4.59%*
5.12%*

4.00%
4.50%
5.00%

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*Annual Percentage Yields (APY's) are based on $1,000 deposit form term indicated and assumed interest remains on deposit hl maturity. Rates are guaranteed from July 24 thru
August 2, 1993 and may change after that date. Substantial penalty for early withdrawal. Limited time offer. Not valid with any other otter.

DISTINCTLY BETTER BANK ING

to match employees with
families to PTA members,
and we sponsor a number of
seminars on family issues."
More than a century ago,
the nation's first child-care
centers were underwritten
by philanthropists so Civil
War widows, and later
immigrant women, could
bolster the pressing need to
build American industry.
Today, such services are
used by companies as a way
of shaving the 4.5 billion
hours of work lost each year
due to absenteeism, sick-
ness and tardiness.
According to a recent sur-
vey by the American Society
for Personnel Admini-
stration, a trade association
based in Virginia, of 1,500
human-resource personnel
polled, 57 percent rated
their companies' child-care
program as "less than ade-
quate."
While liability problems
and expense were cited as
main obstacles to day care,
most companies which
reported having in-house
nanny programs credit
office playgrounds with
holding turnover rates and
easing parents' minds.
"The sad reality is that
corporations can no longer
afford to ignore the chang-
ing demographics of the
workforce," said Larry
Gelman, a principal with
Mercer, Meidinger &
Hansen, Inc., one of the

nation's leading benefit con-
sulting firms with offices in
Detroit.
"Employers have to make
it easier for workers to bal-
ance their careers and their
private lives. If they don't,
they'll find themselves
scrambling to attract and
retain skilled and unskilled
labor throughout this
decade and the next centu-
ry," he said.
The workforce of the
future, Mr. Gelman said,
will be filled with dual-
career couples, working
women, single parents,
retirees pursuing second
careers and a shortage of
young skilled workers.

Many
corporations
are open to
bypassing rigid
9-5 schedules
and are providing
flexible hours.

Bolstering these trends,
the Labor Department pro-
jects that by the year 2,000,
60 percent of all women will
work and constitute 48 per-
cent of all workers. Further
still, there will be a short-
age of workers aged 18 to

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Exchange July 23 July 30 Change

SCIXF

Scitex

NASDAQ

'25.25

'25.75

40.50

ECILF

ECI Telecom

NASDAQ

'34.50

'32.25

.1.25

TEVIY

Teva Pharm

NASDAQ

'21.00

.1 1.50

IEC

PEC Israel

NYSE

'22.50
:23.38

'2425

+'0.87

ELBTF

Elbit Computers NASDAQ

'35.50

'34.00

4.50

ELT

Elscint LTD

'4.88

'4.75

• .13

ELRNF

Elron Electronics NASDAQ

'15.25

'15.13

4.12

TAD

Tadiran

NYSE

'28.50

'27.63

• .87

CMVT

Comverse

NASDAQ

'16.00

'16.63

+'0.63

LANTF

Lannet Data

NASDAQ

'11.13

'12.13

+'0.99

NYSE

CC

LL 1

1.1.1

38

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Source: Allen Olender, Prudential Securities,
West Bloomfield.