Word: wage
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Dates: during 1950-1959
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...their amateur replacements (TIME, April 21), voted at week's end to go back to work at cameras, mike booms, control panels. Some 1,300 members of the A.F.L.-C.I.O. International Brotherhood of Electrical Workers won an 8.8% pay hike in two step-ups (to a base wage of $190 a week next year), plus an assurance from CBS that video tape-the instant TV recording medium feared by the union as a major job threat-will be handled for the network only by I.B.E.W. men. After twelve days of audio leaks and video freaks, CBS was back...
Mediation by the State Board of Conciliation and Arbitration has been in progress since the second week of the strike. Hod-carriers and construction laborers' unions agreed yesterday to accept a 30 cents an hour wage increase over a three year period, half of their original demands...
Tape & Technicians. The strikers professed to be uninterested in CBS's offer of a $185.50 weekly minimum wage unless it was accompanied by a tighter job-security clause in their new contract. But behind the talk of security was a looming new threat to their jobs: video tape, the electronic wonder that can record both TV's sounds and images on a magnetized plastic strip. Unlike film, such tape needs no processing, can reproduce what it has heard and seen-a second or a century later (TIME, Feb. 4, 1957). The reproduced image on the TV screen...
STEEL PRICE RISE, widely expected by users when steel wages go up automatically July 1, may be delayed. Pace-setting U.S. Steel reportedly has put off a decision on prices for at least another month. Steelmen are under pressure to hold line because aluminum-makers cut prices despite scheduled wage increases...
Meanwhile, all work remains stopped on the building project, as representatives of labor and contracting firms are still negotiating for a wage contract. As of yet, there is no indication of when the strike will...