Synopses & Reviews
Synopsis
Excerpt from Wages in Great Britain, France and Germany: Research Report Number 40, August, 1921
In general, the period covered by the report is from April, 1920, to April, 1921. Much of the wage data were taken from collective agreements which were entered upon during the early part of 1920, and are therefore recognized as of that date, although rates fixed in these agreements were effective until much later. In all cases where it was found that the early agreements had been replaced, the latest available figures were used.
Cost of living figures have also been given in connection with wages for the three countries studied, in the first place to aid in estimating the purchasing power of the wages, and secondly, because the cost of living has been used to a very large extent in these countries in the adjustment of wages.
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