The Second Phase: 1967–70
Our dividing line between the first and second phases of productivity bargaining is the period of the prices and incomes standstill, from July to December 1966. The standstill itself was the consequence of a major economic crisis which came to a head in the middle of 1966, ushering in a period of stringent government control over the movement of prices and wages. The particular form taken by this strict control led to widespread pursuit of bargaining on a productivity basis, and we look first at the circumstances which attended this development. From this, we turn to an analysis of the characteristics of agreements passing through the incomes policy net, and the processes of growth and evolution, already investigated in the first phase, will be further discussed.
KeywordsCollective Bargaining Wage Increase Standard Industrial Classification Framework Agreement Income Policy
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- 8.The early work of the N.B.P.I. had in any case made it obvious that it would not look favourably on wage increases aimed at improving the labour supply position. The way out of this problem, according to the Board, was to examine ways in which existing labour could be more efficiently used. Cf. especially the N.B.P.I. Report (No. 16) on the Pay and Conditions of Busmen, Cmnd 3012 (London: H.M.S.O., 1966).Google Scholar
- 11.N.B.P.I. Report No. 123, Productivity Agreements, Cmnd 4136 (London: H.M.S.O., 1969).Google Scholar
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