MANAGEMENT )
Fringe Benefits Run High NoteTGraph does not show 15 industry grpups included in t l i ç \ original survey,-wfiich covered 1 0 ^ companies for 1957 - -
Per cent of payroll 10 20
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30
40
50
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. 60
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CHEMICALS A N D ALLIED PRODUCTS
liiiiii PETROLEUM INDUSTRY
ΓΤΓΠΓ RUBBER
A N D LEATHER PRODUCTS
PRIMARY METAL INDUSTRIES ·;·;·;·;;·Ε^ INSTRUMENTS A N D MISCELLANEOUS M A N U F A C T U R I N G INDUSTRIES
T O T A L ALL M A N U F A C T U R I N G
TOTAL, ALL N O N M A N U F A C T U R I N G
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Legaliy required payments
agreed*opon payments
wncn; perioas, ;etc
They're Richer Than They Think U. S. C h a m b e r of Commerce survey shows workers a r e getting more fringe benefits JVLOST
EMPLOYEES
are
richer
than
they think. F r i n g e benefits—pensions, vacations, sick leave, holidays, insur ance—are a d d i n g more than ever to t h e worker's wealth, even t h o u g h t h e profits don't show u p in his p a y envelope. This information comes from a n e w study—"Fringe Benefits 1957"—made by the U. S. C h a m b e r of C o m m e r c e . 32
C &Ε Ν
A U G . 18.
19 5 8
that
Based on a survey of 1020 firms in 20 industry groups, the study shows that 1957 fringe benefits averaged $981 per full-time, hourly rated employee. This is an increase of $162 (20 r /r ) since 1955, year of the last survey. T h e ' $ 9 8 1 includesU310 for pensions and insurance programs, $ 3 1 1 for vaca tions and holidays, $170 for legally re
^ α y mer* for
V
> 4 n o t worked ·
