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ERIC Number: ED018549
Record Type: RIE
Publication Date: 1965-Nov
Pages: 41
Abstractor: N/A
Reference Count: 0
ISBN: N/A
ISSN: N/A
INDUSTRY WAGE SURVEY--BANKING, NOVEMBER-DECEMBER 1964.
Bureau of Labor Statistics (DOL), Washington, DC.
THE RESULTS OF A SURVEY OF WAGES AND SUPPLEMENTARY PRACTICES IN THE BANKING INDUSTRY COVERING 27 STANDARD METROPOLITAN STATISTICAL AREAS AS OF NOVEMBER-DECEMBER 1964 ARE SUMMARIZED. BUREAU FIELD ECONOMISTS, IN PERSONAL VISITS, STUDIED 458 OF 1,286 BANKS EMPLOYING 20 OR MORE WORKERS. THE AVERAGE WEEKLY SALARIES OF WORKERS IN SELECTED NONSUPERVISORY OFFICE OCCUPATIONS WERE GENERALLY HIGHEST IN THE SAN FRANCISCO, OAKLAND, AND CHICAGO AREAS AND LOWEST IN THE PROVIDENCE, PAWTUCKET, ST. LOUIS, AND LOUISVILLE AREAS. WOMEN ACCOUNTED FOR THREE- TO FOUR-FIFTHS OF THE NONSUPERVISORY OFFICE WORKERS IN ALL AREAS EXCEPT NEW YORK, WHERE 45 PERCENT OF THE EMPLOYEES WERE MEN. AMONG THE WOMEN'S JOBS STUDIED, SECRETARIES WERE THE HIGHEST PAID. THEIR AVERAGE PAY RANGED FROM $100 A WEEK IN THE SAN FRANCISCO-OAKLAND, LOS ANGELES-LONG BEACH, MILWAUKEE, AND NEW YORK AREAS TO APPROXIMATELY $82 IN THE PROVIDENCE-PAWTUCKET, BALTIMORE, MEMPHIS, AND LOUISVILLE AREAS. AVERAGES FOR ROUTINE FILE CLERKS, USUALLY THE LOWEST PAID JOB STUDIED, RANGED FROM $66.50 A WEEK IN THE SAN FRANCISCO-OAKLAND AREA TO $52.50 IN THE MINNEAPOLIS-ST. PAUL AREA. MEN'S AVERAGE WAGES WERE HIGHER THAN WOMEN'S IN THE SAME OCCUPATIONAL CLASSIFICATIONS IN MOST INSTANCES WHERE COMPARISONS WERE POSSIBLE. PAID VACATIONS AND HOLIDAYS WERE PROVIDED FOR THE MAJORITY OF EMPLOYEES. LIFE, HOSPITALIZATION, SURGICAL AND MEDICAL INSURANCE BENEFITS WERE COMMON. IN 19 AREAS, A MAJORITY OF EMPLOYEES WERE ON A 40-HOUR SCHEDULE. SHORTER SCHEDULES WERE THE RULE IN THE OTHER AREAS. THIS DOCUMENT IS AVAILABLE FOR 30 CENTS FROM SUPERINTENDENT OF DOCUMENTS, U.S. GOVERNMENT PRINTING OFFICE, WASHINGTON, D.C. 20402. (PS)
Publication Type: N/A
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: Bureau of Labor Statistics (DOL), Washington, DC.
Identifiers: N/A