Economic Help That He Obtains Credit for
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<i> Associated Press</i>
HUDSON, N.H. — To do his part to invigorate New Hampshire’s stalled economy, computer executive John Dyer took out a $22,000 home equity loan to give his 22 workers $1,000 bonuses.
The president of Dyer Technology Inc. asked each employee to spend at least $100 of the bonuses. “Help the local merchants,” he told them.
He said he acted not only “to pump up the economy,” but also to “pump up my employees’ morale.”
He said if other employers followed, “this would go in a geometric progression.”
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