BRITISH RAILWAY RETRENCHMENT.
WAGE "CUTS** PLANNED. (UNITED PRESS ASSOCIATION —d* ELECTRIC TEIiE'GSAPH— coptaionT.) LONDON, November 13. Stating as the 'simple truth that they cannot continue the presont expenditure on labour, the railway companies have asked the unions to accept heavy reductions in all grades. They propose immediate reductions of Gs a week in adult male wages, 3s weekly for i'emnles and junior males, £','2o annually ior the salaried stall earning between £IBO and £250 annually, and £lO annually for the salaried staff earning between £SO and £l7O annually. The Railway Unions are preparing counter-proposals. The railway companies also propose that payment shall only be made for time actually worked. The standard hours inclucfe Sunday duty work in excess to be paid for at the rnte of time and a quarter. . The companies cite the competition of other forms' of transport and the high operative costs. The wages bill was £47,000,000 in 1913, and £115,000,000 in 1929. The traffio receipts m 1930 will probably bo £10,500.000 below 1929.
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Press, Volume LXVI, Issue 20086, 15 November 1930, Page 18
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167BRITISH RAILWAY RETRENCHMENT. Press, Volume LXVI, Issue 20086, 15 November 1930, Page 18
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