It is of interest to note that 473 out of the 1,344 officials tabulated, or over 35 per cent, are in the traffic and legal groups. As indicated by footnote, some of the groups combine some vice presidential positions with other positions. As it may be desirable to know what vice presidents as a class get, these have been separately assembled. The total number of vice presidents reported is 227, the average (median) salary, $21,500, the highest, $76,500, and the lowest, $5,000. The 1,344 positions have also been classified by salary groups as follows: Salaries of railway officials vary with the size of the railway served. To compare the railways from the standpoint of relative burden for salaries of officials, the entire expenditure for the official salaries of all grades should be compared with the total pay roll. This has been done in the following table on the basis of the regular annual wage statistics. The year 1930 has been used as a basis because of the abnormally low employment in 1931. In this table the companies are arranged in order of size of total pay roll, and against each is shown the per cent which the salaries of all executive, general, and division officers are of the total pay roll. The officials are those in both reporting divisions 1 and 2 of the wage statistics. There is a general upward trend in the per cent as the size of the railway diminishes. Includes 1 case of a combination of salaries of 2 positions held by the same person in separate perating companies, according to the latest Official Guide, but not so noted in the returns. One $135,000 position was reduced to $121,500 on Apr. 1, 1932. Amount paid in salaries to railway executives, officials, and staff assistants compared with amount of total pay roll, Class I railways, calendar year 1930 Amount paid in salaries to railway executives, officials, and staff assistants compared with amount of total pay roll, Class I railways, calendar year 1930—Continued AVERAGE ANNUAL SALARIES OF VARIOUS GROUPS OF RAILWAY OFFICIALS AS OF MARCH, 1932, AND LIST OF EACH POSITION REPORTED PAYING MORE THAN THE AVERAGE Based on returns in answer to circular letter of April 23, 1932, from the Secretary of the Interstate Commerce Commission to presidents of Class I steam railways requesting list of positions paying $10,000 or more annually as of December, 1929, and the rate of pay of the same positions as of March, 1932. (The median salary is used as the average.) I. CHIEF EXECUTIVE OFFICERS 1. Chairman of board or of executive committee: Number of positions included.... Average annual salary. Positions paying more than the average: 27 $24, 300 |