Article contents
The simple arithmetic and hard facts of our survival and standard of living
Published online by Cambridge University Press: 04 July 2016
Extract
Tosurvive,every employee inBritishAerospace must recover or earn in the market place, each and every year:
Salary (including overtime, pension, social security, etc) | £4400 | (a) | (69%) |
External Costs of running plant, offices, etc (bought-out services) | £700 | (11 %) | |
Surplus (corporation tax, re-investments, (depreciation and/or expansion), interest on borrowed money, etc) | £1250 | (20%) | |
£6350 | (b) |
(These figures are the approximate actual figures for every employee in the British Aerospace Corporation in the year 1977.)
- Type
- Research Article
- Information
- Copyright
- Copyright © Royal Aeronautical Society 1978
References
The Keynote Address given at the Spring Convention ‘People, Productivity and Motivation’ held on 17th/18th May 1978.
- 1
- Cited by