Word: lesses
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Dates: during 1970-1979
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Behind the door, talks may focus less on higher wages than on another goal. Declared Fraser: "Cost of living protection for retirees will be the No. 1 priority demand for the U.A.W...
...federal procurement contracts. Representatives from Goodyear, Firestone, BF Goodrich and Uniroyal met with Carter's advisers, but Bommarito declined, although he said he would get together with Federal Mediator Wayne Horvitz and officials of Uniroyal this week. In any case, Bommarito warned, if the tiremakers try to settle for less than the union had announced, he was prepared to call a strike. Likely targets: Goodyear or Uniroyal...
...example, Hong Kong's Asia International Electronics Ltd. sends components for its radio/tape cassette players to factories in Peking, where they are put together before being shipped back to the colony for final assembly and export. The Chinese workers are paid $25 a month, less than one-sixth of what A.I.E. pays its Hong Kong employees. Soon the Chinese will be assembling A.I.E. television sets, which will be sold in the U.S. under the "Williamsons" name as well as under private labels of K-Mart and other chains. In another case, Harper's International, a Hong Kong automotive...
...officers are usually pegged to the salary that the chief collects." Middle managers are paid best in industries that compensate their top managers the most: cosmetics, autos, electronics, data processing, entertainment Such industries tend to be highly profitable and fast growing, and they give relatively more to employees and less in dividends to shareholders than do companies in older, slower-moving but more secure industries, such as commercial banking, utilities, heavy metals and railroads...
Everybody knows that $1 million isn't what it used to be, and it is also common wisdom that even the highest-paid corporate executives earn less than such folk idols as disc jockeys, movie and rock stars and even country music heroes; Johnny Paycheck will be good for $1 million or more this year...