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NSIAD-85-1 1 (1984-10-12)

handle is hein.gao/gaobabeut0001 and id is 1 raw text is: BY THE COMPTROLLER GENERAL Report To The Chairman, Subcommittee On Legislation And National Security Committee On Government Operations House Of Representatives OF THE UNITED STATES Compensation By 12 Aerospace Contractors GAO made a comparative analysis of the pay and benefits at 12 of the nation's large aerospace contractors. The contractors, on the average, paid executives and clerical, technical, and factory employees more than the average pay for similar positions surveyed by the Bureau of Labor Statistics (BLS) and the American Management Asso- ciation (AMA), Professional salaries (mostly engineers) were slightly below BLS averages. Wide pay variations existed among the contractors and among categories of employees, Some of the contractors' pay was about the same as BLS and AMA and some was much higher. Em- ployee earnings have increased faster for these contrac- tors than in the general economy, and employee fringe benefit costs were borne more often by the contractors than by firms surveyed by BLS. These comparisons in themselves do not allow GAO to draw conclusions about whether this level of compensa.- tion is reasonable, but they do suggest a need for defense contracting officials to examine compensation carefully during negotiations, and a need to find a workable means of assessing the reasonableness of compensation-- generally one of the largest cost items in contracts. 1254 U 58 I I 125458 0 GAO/NSIAD-85-1 OCTOBER 12, 1984 )1 j S'0

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