Word: hike
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...Scruggs plays a mean banjo, which reminds me: Harvard is playing mean with its printers. Since 1968, printers' wages at Harvard have risen only 28 per cent compared to a 35 per cent rise in the consumer price index. Support the printers' demand for a 9 per cent pay hike instead of the piddling 5.9 per cent suggested by Harvard. John Lincoln Wright and the Sourmash Boys play second bill. Through Saturday June 1 at The Performance Center...
...printers and five copysetters from the Typing and Copy Center have been on strike since April 9. The printers are demanding a nine per cent wage increase, but Harvard will offer no more than a 5.9 per cent hike...
...exports set a postwar record, rising a stunning 61.3% over the same month a year ago. The climb was led by efficient industries, such as steel and shipbuilding, that are benefiting from worldwide shortages. The latest wage increase follows one of 23.6% in 1973 and an average hike of 15% annually during the previous decade. Despite Japan's legendary productivity (up 20.1% in 1973), Finance Minister Takeo Fukuda claims that the economy can no longer withstand such boosts. He feels that government-imposed "flexible wage guidelines" may be necessary...
...mounting inflation (current rate: 7.8%) compounded Brandt's problems, as did a series of strikes earlier this year by public service employees and the metalworkers. The strikes ended only after the government agreed to grant wage increases of up to 14%, thus violating its own 10% pay-hike guidelines. Socialist Brandt, who considers himself a friend of the working man, felt personally betrayed when the unions did not moderate their demands as he had asked...
...last major wage hike of July 1, 1973, the average real gain in earnings for these technical and clerical workers was less than 1 per cent. And organizers claim that promotion prospects for workers and health benefits are painfully inadequate...