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276 
Productivity schemes under the microscope
Page 85
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TWOO out of five major productivity referred to the National Board for Prices and Incomes have substantial implications for transport as a whole.
In a joint reference from the Department of Economic Affairs and the Ministry of Labour, the Board has been asked to probe and report on the productivity schemes of Esso Petroleum Co. Ltd., the Electricity Supply industry, Imperial Chemical Industries Ltd., British Oxygen Co. Ltd., and Akan Ltd. Other schemes already examined by the P. and I. Board may be reviewed at the same time.
Management and union leaders impatient for guidance on this most thorny problem are unlikely to know the details of the Board's productivity formula for several months. A Board spokesman told COMMERCIAL MOTOR last week that he anticipated a general report would be issued when the tremendously diverse material had been studied in depth. It was unlikely that preliminary guidance by means of an interim statement would be issued. The spokesman surmised that produc vity schemes established before the free could not practically be unwound; but instanced the report on Midland Ba salary structure which had suggested ti increments due should be deferred for year.
In the light of the foregoing, employ( and trade unionists would do well to an cipate, so far as possible, the likely cc elusions of the Board's report. To await nail-biting frustration for specific guidan when it seems certain that the recomm dations will lay great stress on the (hith, to missing) consumer element, is to wa; valuable time during a critical econon phase. If the freeze discourages producti innovation real wages may be static, worse, for years, not months. That is t inference, in my view, of the Prime M ister's sombre message to the TUC; cc troversial speculations on the meaning the confused voting at Blackpool is sun pointless. J.