Business: RISING SALARIES: A SELLERS' MARKET FOR SKILLS

DESPITE the Government's anti-inflation campaign—which many employers would like to take to heart by holding down salaries—everybody seems to be earning more and more these days. Congress recently doubled the U.S. President's salary to $200,000, while boosting the pay of its own members from $30,000 to $42,500. Barbra Streisand this month signed a contract with Las Vegas' new International Hotel that gives her an estimated $500,000 (plus stock in the hotel) for four weeks work a year. Harvard Business School graduates now begin their working lives at an average $12,000 a year....

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!