Fringe benefits push payroll costs beyond simple wages
The U S Chamber of Commerce says fringe benefits such as pensions and insurance total 20 to 25 billion dollars annually. A survey of 940 employers shows average fringe benefits at 8720 per worker in 1953, up 76 from 1952, equaling 19.2 percent of payroll and varying from 11 to 55 percent.
MENTIONED IN THIS ARTICLE
Washington
American Airlines to Stop Salaries Amid Pilot Strike
American Airlines declares all 16 000 employees will be removed from the payroll at midnight Sunday unless 1 200 striking pilots return to work. The carrier cites canceled flights since July 30 and argues the strike creates an intolerable situation. Pilots face loss of seniority if the action continues.
MENTIONED IN THIS ARTICLE
American Airlines
New York
American
Smith
Air Line Pilots Association
Also Mentioned on This Page
Press-Telegram
Calif
Independent “Press- Telegram
Dial
Civil Aeronautics Admin
Pita
I New
Independent Press-Telegram
Harbor's Going
Harbor
FORD
Lincoln
Oldsmobile
Frazer
BUICK
Plymouth
P.S
Lincoln-Mercury
American Ave
Long Beach
KCCOP
Chromspun Taffeta
Price
Carmel
Fleisher
Vanetta
Yardstick Store
Pine Ave