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GM Booklet Details 1963 Wages and Benefits for UAW
General Motors reports 1963 wages and benefits for hourly workers totalled 3.017 billion dollars with average earnings around 7,500 dollars per year plus 1,025 dollars in benefits per employee. Overtime, group insurance, pensions, and unemployment costs are itemized, and the booklet notes wages have more than doubled since 1947 while benefits have risen over fivefold. The foreword emphasizes labor and management cooperation as essential to a successful GM-UAW relationship.
MENTIONED IN THIS ARTICLE
Detroit
General Motors
United Automobile Workers
Afl-Cio
U.S
United States
Generaal Motors