Interoffice Memorandum
To:	Regional Division Heads
From:	CEO
Date:	June 15, 1997
Subject:	Projected Growth

Our most recent financial projections for the next five years indicate that the company will enjoy an unparalleled period of prosperity. As you can tell from the attached spreadsheet and chart, we anticipate that income will increase an average of 12.5% per year while expenses will increase an average of 4.5% per year. These are conservative estimates based on the most recent performance of the company over the last three years. At this rate of growth, we expect to exceed a billion dollars in income by 2001.

Based on these projections, I am soliciting suggestions for ways to improve our employee's salaries, benefits, and working conditions. We may easily be able to offer an average increase of 9.5% in salary for each of the next five years. This may also be an excellent time to offer our employees a profit sharing plan. Our benefits consultant is currently examining the feasibility of this option.

I would appreciate any comments or suggestions that you might have.