Word: wage
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Dates: during 1950-1959
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Last week, seven hours before 200,000 miners in Northern soft-coal mines were to go on strike, the United Mine Workers' astute old John L. Lewis won agreement on a contract from the Bituminous Coal Operators Association giving his miners 1) a $1.90 wage increase on their basic daily wage rate (now $16.35), 2) a 10?-a-ton boost in producers' royalty payments (now 30? a ton) to the union's welfare treasury. Lewis will probably demand and receive similar concessions from the rest of the soft-coal industry, whose contracts expire...
Wilson wryly noted that he had had "some little experience with this kind of dictatorship" in the steel wage fight. Without naming the Steelworkers' Boss Phil Murray, he said: "I was overruled by a single man who . . . exercises more control over this country than the President, the Congress we elected, and the officers appointed under the Government." Harry Truman, said Wilson, had agreed to a "just" solution to the steel strike. "But the solution did not happen to give all that was wanted to one single man, this man who is able to ride roughshod over the President...
...have tried to outdo each other in demands on planemakers. Three months ago, in spite of war and the dangerously lagging aircraft program, the U.A.W. voted to strike North American Aviation, called it off only after it got an average 16?-an-hour pay boost on recommendation of the Wage Stabilization Board. The rest of the industry assumed that the award established a pattern...
...every dollar paid out in wages last year, U.S. manufacturers paid another 16.4? in fringe benefits and nonmanufacturing companies paid 22.2?, the U.S. Chamber of Commerce said last week. This "hidden payroll" for paid vacations, free meals, terminal pay, pensions and profit-sharing plans, said the chamber's Economic Research Director Dr. Emerson P. Schmidt, costs employers some $25 billion a year. In a survey of 736 companies, Schmidt found that fringe-benefit expenditures averaged $644 per employee last year. Although such benefits are not included in the Bureau of Labor Statistics wage figures, Schmidt said they should...
Miners Get Wage Hike...