International Marxist Group Archive

Magazines, bulletins and booklets of the IMG and its forerunners, 1961–1984

Wages and Salaries

The Week Vol. 3, No. 1, 6 January 1965 · p. 4 of the scan · 279 words

The scan: The Week v3 no1.pdf (PDF, Marxists Internet Archive, opens at this page)

Uncorrected machine reading. This text was read by machine (Tesseract OCR) from a scan of a stencilled typescript and has not been corrected. Expect misread words; titles in particular are often garbled where the issue printed no contents list. Quote from the scan, not from this page.
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Wages and salaries cannot be controlled from a central national body without doing grave injustice to millions of workers. In wage and salary negotiations account must be taken of the very varied circumstances of those directly affected. There are at least six main general grounds on which wage and salary aims can be based: @ Increased productivity in an industry or a particular establishment. © Increased profits. e@ The need to attract new labour. This may be necessary in an industry or undertaking which is expanding. It may also be necessary in an occupation where existing wages or salaries fail to attract a sufficient number of new entrants. @ The need to provide adequate differentials for education, skill and training. This applies, particularly for example, to technicians and technologists.

@ The need to ensure that the

lowest paid workers do not

fall below a reasonable sub-

sistence standard.

@ Increases in the cost of living.

a

writes:

Extracted from an article in “Fire-

fighter,” by Henry Collins.

HILE trade unionists are always

striving, naturally enough, to

push up real wages, there is little jov

In pay increases that must soon be

largely lost in rising prices. With a

Tory Government busily raising rents,

enriching land speculators and reliey-

ing the rich of their surtax, trade

unionists were right to concentrate on

securing pay increases for their mem-

bers. If there is to be a free for all,

as Frank Cousins pointed out, “we are

part of the all.” The converse, how-

ever, is equally true. A planned

economy is inconceivable without

some planning of incomes, and the

Labour Government will stand or

fall on its success in achieving this.

← A Vital DistinctionPrices and Profit →

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