Word: hike
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...President Forwood C. Wiser Jr.'s compensation went up 157%, to $296,298. Such in creases did not violate the guidelines; a company could give its chief an enormous boost, keep the lid on subordinates' raises, and come out with an average 5.5% hike for all employees, which met wage control guidelines. Now, however, the Cost of Living Council has come up with strict new guidelines that make for painful reading in executive suites...
...total money a package represents about a 7 percent wage increase. As in all recent labor disputes; the Cost of Living Council guidelines complicated the settlement of wage boosts and fringe benefit increases. The Nixon Administration's current guidelines allow for a maximum 5.5 per cent pay hike with fringes not to exceed 0.7 per cent annually...
...deficits grow that large, a greater board increase is likely to come next term. To cover the deficits the hike would have to be about $1 per $6000 lost, plus an additional $30 or so to cover future inflation...
...lower court earlier had enjoined the COLC from enforcing Phase IV guidelines that would require the price cuts; they will now go into effect Sept. 8. The COLC has also demanded that Atlantic-Richfield Co. (ARCO) justify a 1?-per-gal. increase on gasoline and a 2?-per-gal. hike on fuel oil that the company posted Aug. 20. If the company's data do not convince the COLC that the boost was forced by increased costs, chiefly for buying imported crude oil, it may be ordered to cancel the rise. Such actions are needed, says COLC Director John...
Shultz himself announced last week that the Administration might ask Congress to increase the federal tax on gasoline, though he stressed that no firm decision has been made. Most estimates put the proposed hike at about 50 a gallon, which would more than double the present 40 levy. That big a boost would siphon about $5 billion in additional tax revenues out of the economy and produce a budget surplus in the 1974 fiscal year, starting July 1. Such a measure would meet formidable opposition in Congress. But a gas-tax hike is only one of the Administration...