Skip to footer

Inside Report (3)

Mirror, mirror, on the wall, who gets the fattest paychecks of all?

If you got ''US industrial workers,'' for an answer, you'd better buy a new mirror. A recent survey by a New York management consultant firm assigned US average hourly industrial wages an index of 100, then took similar earnings in other countries in October 1980 and adjusted them by exchange rates at that time. Sweden's wages rated 108, West Germany's 103, Australia's and Switzerland's 102. Canada and the Netherlands trail the US slightly, with ratings of 98 and 97.

US labor and business officials call the statistics ''interesting'' but say buying power is a better measure of relative earnings. The US still leads by this measurement.m

You've read 3 of 3 free articles. Subscribe to continue.
QR Code to Inside Report (3)
Read this article in
https://www.csmonitor.com/1982/0702/070206.html
QR Code to Subscription page
Start your subscription today
https://www.csmonitor.com/subscribe
CSM logo

Why is Christian Science in our name?

Our name is about honesty. The Monitor is owned by The Christian Science Church, and we’ve always been transparent about that.

The Church publishes the Monitor because it sees good journalism as vital to progress in the world. Since 1908, we’ve aimed “to injure no man, but to bless all mankind,” as our founder, Mary Baker Eddy, put it.

Here, you’ll find award-winning journalism not driven by commercial influences – a news organization that takes seriously its mission to uplift the world by seeking solutions and finding reasons for credible hope.

Explore values journalism About us