SALARIES REDUCED.
DAIRY COMPANY'S ACTION. CUT OF 12} PER CENT. [IJIT TELEGRAPH. —OWN CORRESPONDENT.] HAMILTON. Thursday. A general, reduction of per cent, in tho salaries of their executive officers and-staff has been mado by tho NewZealand Co-operativo Dairy Company, Limited. Tho decision ha 3 been made by the directors of the company and has been accepted by tho staff. The reduction will lake effect from December 1 and will apply to all employees who are riot working under industrial awards. Tho low prices prevailing for dairy prices influenced tho directors in their decision. About 80 employees aro affected.
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New Zealand Herald, Volume LXVII, Issue 20721, 14 November 1930, Page 12
Word Count
98SALARIES REDUCED. New Zealand Herald, Volume LXVII, Issue 20721, 14 November 1930, Page 12
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