A tentative agreement to end the five-week long strike by 500 professional and clerical employes of the Israel Bond Organization was announced this weekend by the organization and the striking union. In announcing the tentative settlement, Leon Bernstein, executive vice-president of the bond organization, and Richard Morton, executive director of Local 1707, Community and Social Agency Employes, AFL-CIO, said the employes will meet tomorrow to ratify the agreement and if they do, they are expected to be back at work Tuesday at the national headquarters here and at some 60 branch offices throughout the United States. The average salary for professional workers under the expired contract had been $14,000 a year and the average clerical workers salary was $126 a week, according to the union. Wages were one of a number of issues in the dispute which led to the strike last May 14. Officials said terms of the tentative agreement were being withheld pending the ratification vote.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.