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Long Beach Press Telegram in Long Beach, California

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Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

Aug 13, 1954

Page

18

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.

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.

American Airlines New York American Smith Air Line Pilots Association

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