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Word: reuthers (lookup in dictionary) (lookup stats)
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Last week the managers of American Motors transferred $9,200,000 from the company's fiscal 1963 earnings into gifts of stock for the workers and contributions to their welfare fund. At the same time, United Auto Workers President Walter Reuther told an A.F.L.-C.I.O. convention in Manhattan that he will press autodom's reluctant Big Three for a share of earnings when contract talks open next August...

Author: /time Magazine | Title: Labor: Sharing the Profits | 11/29/1963 | See Source »

...tend to make workers feel like managers and soften labor's punch in collective bargaining (wage hikes and extra benefits, after all, come out of profits). The U.A.W. rank and file was disappointed that last week's American Motors payout was slightly less than last year, and Reuther, in negotiation with the Big Three, may be willing to trade off his profit-sharing demand if he can win shorter hours or higher wages. Some executives begrudge profit sharing to workers who (they think) do less to increase earnings than do managers or machines. Others accept...

Author: /time Magazine | Title: Labor: Sharing the Profits | 11/29/1963 | See Source »

With $3 billion in retirement funds and members enjoying high salaries and usually good working conditions union have become apathetic. According to Reuther, labor must now turn to broad social causes, particularly the civil rights movement, if it is to recapture its former drive. But until now union participation in civil rights has been limited to a few large unions such as the Ladies Garment Workers, the United Auto Workers, and the Sleeping Car Porters as well as numerous locals. The executive council of the AFL-CIO, however, refused to put its prestige and influence behind the March on Washington...

Author: By Robert F. Wagner jr., | Title: Labor Convention | 11/27/1963 | See Source »

...leaders complicates the future of the labor movement. The average age of the members of the executive council is sixty-three, and only two younger men--Reuther and Beirnes--have achieved importance in labor's hierarchy. The retirement of men like Dubinsky, Potofsky, Meany, and Randolph will test labor's strength...

Author: By Robert F. Wagner jr., | Title: Labor Convention | 11/27/1963 | See Source »

...convention offers one encouraging prospect for the future, though. Never before has there been a similar unaminity among union leaders on the problems their movement faces. Even Reuther and Meany, usually in disagreement, appear to be expressing the same fears...

Author: By Robert F. Wagner jr., | Title: Labor Convention | 11/27/1963 | See Source »

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