EMPLOYEE RECREATION: Yachts & Country Clubs Help Production

THE American worker is the most pampered in the world. U.S. industry pays him the world's highest wage scales, then shells out another $25 billion a year (or about $1 for every $5 paid in payrolls) for such fringe benefits as pensions, paid vacations and welfare funds. But the real frosting on the cake is a vast assortment of "extras," and ranging all the way from equipment for lunch-hour ball games to employee country clubs and yacht clubs with company-owned fleets of yachts.

At the start, such special frills were sometimes offered just...

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