Word: wage
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Dates: during 1950-1959
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...November 1948, the eleven-nation International Military Tribunal convicted and sentenced 25 top Japanese officials for conspiring to wage aggressive war and other crimes against humanity. Seven of these Class A war criminals were executed, five died in prison, six were paroled...
...union and management in the plant fix a productivity "norm," and the working force is promised a bonus out of the savings the workers can effect by producing at a lower cost per unit. Unlike many other incentive plans, the Scanlon Plan is noncompetitive, does not throw the plant wage structure out of balance, and unites the men on a common goal instead of pitting them against each other. The second ingredient is a system of production councils in which union and management attack production costs. But the most important ingredient of all is Joe Scanlon himself, who learned about...
...break-even or deficit months when no bonus was earned. The rest of the melon-made up of increased value through productivity savings-was split; labor got a whopping 75%, management 25%. The first month's bonus, paid in September 1954, amounted to $43,199, a 13.8% wage increase. In January, the pen and pencil industry's seasonal low point, the workers failed to earn a bonus, but it was the only month they missed (payments from the reserve pool are made only at year's end). They earned a peak 27.1% over their wages in September...
GUARANTEED ANNUAL WAGE got past a big obstacle. By ruling that Ford Motor Co.'s 5? hourly contributions to layoff plans are not wages, the U.S. Labor Department freed Ford (and other automakers) from including layoff payments in computing overtime-a key condition Ford had set in agreeing to G.A.W...
...newspaper experience. Furthermore, they have no contact with top management, have no idea of what goes on in the president's office. Some editors, in turn, often show an ostrich-like attitude to important stories, e.g., one southern industrial editor insisted that a topic like the Guaranteed Annual Wage "did not apply" to his 60,000 C.I.O. readers. During the bitter strike by the Communications Workers of America last spring against the Southern Bell Telephone Co. in nine states, Bell's slick-paper employee magazine blandly ignored the strike-the single topic of greatest concern to its readers...