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In the money
19th October 1979, Page 54
19th October 1979
Page 54
Page 54, 19th October 1979
— In the money
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I doubt whether Ford workers know when they are well off. In addition to average weekly earnings last year of £103.25, the company paid out another £18.15 a week for each "average" employee by way of contributions to State and Ford pension schemes and other benefits.
Canteen subsidies alone amounted to £2.10 a week for each employee. Overalls cost another staggering £1.5 million last year.
It is too much to hope that union leaders will take these handsome benefits into account when they make their next wage demand. To them a "negotiating posture" means a half-nelson.