Word: wage
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Dates: during 1950-1959
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...became an embittered, somewhat radical partisan of the underprivileged. When another bank offered him a better job in upstate Norwich, much of the radicalism rubbed off ("Banking," said Ives last week, "has a tendency to make one a little more conservative"), but Ives remained a sympathetic champion of the wage earner...
LUMBER STRIKE, which started 2½ months ago when some 100,000 Pacific Northwest lumbermen walked out for a 12.5? hourly wage boost, is ending with little gain for the workers. About half the strikes were settled piecemeal, with raises averaging 5? an hour. The other strikers are expected to go back to work at pre-strike wages, let a fact-finding board recommend a settlement...
...American worker is the most pampered in the world. U.S. industry pays him the world's highest wage scales, then shells out another $25 billion a year (or about $1 for every $5 paid in payrolls) for such fringe benefits as pensions, paid vacations and welfare funds. But the real frosting on the cake is a vast assortment of "extras," and ranging all the way from equipment for lunch-hour ball games to employee country clubs and yacht clubs with company-owned fleets of yachts...
...father's meat-packing company and fame of a different sort in World War II by inventing Spam, a canned pork product, which became the ubiquitous item on Allied military menus the world over. In 1931 Iconoclast Hormel shocked fellow packers by initiating a radical annual-wage plan to help his employees ride out seasonal employment fluctuations, later expanded benefit programs to include joint-earnings systems and a profit-sharing trust, took unceasing pride in his claim that no Hormel executive ever lived more than a block away from a Hormel C.I.O. worker...
...established a string of air bases across Brazil's strategic Atlantic bulge, and Vargas sent a division to General Mark Clark's command on the Italian front. Benignly accepting the title of "father of the poor," the strongman also gave Brazil the 48-hour week, the minimum wage, and social security...