Word: bonus
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...nothing had happened. Rear Admiral Harold G. Bowen, who did a swell job restoring morale at Federal Shipbuilding, was in charge. His first step was to tell the workers that as long as the Navy was there they might not get even the 3?-an-hour nightwork bonus WLB had approved. The workers took this in good part. Michael Patrakian, the young strike leader, said: "We are all damn glad it happened. We are all sailors now. We wanted the Navy to take over [instead of an unfair management]. We know Uncle Sam will treat us right...
...this makes it imperative to tap new sources of scrap. But the Government is still loth to be anywhere near tough enough about requisitioning hoarded industrial scrap-unused machinery, etc., that low-prioritied industries feel is worth more to them than any kind of reasonable price bonus. It still hopes to get the added scrap through patriotism rather than pressure or price. Last week it launched the biggest hoop-la scrap-collection drive ever, through a new American Industries Salvage Committee. U.S. industry anted up $2,000,000 for paid advertising, sought to get 3,000,000 added tons from...
...year plant superintendent with a $50,000 bonus had developed new operations methods that cut direct labor costs 10%, effected a $750,000 annual saving despite pay increases...
...year vice president and secretary got his $50,000 bonus for developing a welding manual that became "the Bible of the welding industry...
Surprised Boss. Mr. Lincoln told the Congressmen that his bonus system had surpassed even his own wildest dreams. When they heckled him, he said "I don't blame you. In 1933, if you had told me that I would be paying bonuses of 100% of the salaries and still reducing the costs, I wouldn't have believed you either." To committee counsel Edmund Toland's contention that these bonuses (plus a $1,000,000 trust fund established to retire extra wartime workers) had milked the Government out of over $4,000,000 in taxes from...