Compensation of Public Employees

Archive Report

Movement for Reduction of Federal Salaries

The Prospect of acceptance by the railroad brotherhoods of a ten per cent wage cut for a period of one year to assist the transportation systems in balancing their budgets has stimulated agitation for a reduction in the compensation of public employees. The railroad wage cut will affect 1,500.000 workers and is expected to save the carriers $250,000,000. The employees of the federal government make up the nest largest single block of workers in the country, and it is estimated that a ten per cent reduction of all payments by the Treasury for personal services would produce a saving of $100,000,000 to $165,000,000 a year.

The first proposal of a pay cut for federal employees was advanced last September by ...

locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles