March 24, 1996 in Nation/World

Clinton Prods Business To ‘Do Right’

Associated Press
 

President Clinton gently prodded the nation’s business community Saturday to do more to address the impact of corporate downsizing and worker anxiety, two key elements of voter nervousness this election year.

Clinton announced he will convene a meeting in Washington next month of the chief executives of large American corporations that he said have scored healthy profits while “doing right” by their employees.

The president said he hopes the meeting can help create a climate in which the vast majority of American businesses - large and small - will come to understand that they can improve the security of their employees while enhancing the bottom line.

“Many of America’s most successful businesses have shown that you can do well by doing right by employees and their families,” he said in his weekly radio address.

In both his speech and radio address, the president called on companies to establish “family friendly” policies.

“These acts of corporate good citizenship are good for employees, but many, many thousands of American businesses have proved they’re good for business, too,” he said.

In his Xavier University speech, Clinton singled out some corporations that he said recognize a company’s broader obligations to its workers and society beyond the imperative of making a profit.

He cited Proctor & Gamble of Cincinnati for offering generous maternity benefits for new mothers; Starbucks Coffee of Seattle for giving part-time employees full health care benefits and stock options; and Harley-Davidson of Milwaukee.

xxxx THE RIGHT THINGS Clinton said his proposal is based on five pillars: Adequate health insurance, protected pensions, a partnership between workers and management, quality skills training and a safe work place.

© Copyright 1996 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.


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