Word: employee
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Dates: during 1930-1939
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Last month Transamerica Corp., the vast holding company which sold its interest in Bank of America (Manhattan) in 1931, sold working control in Bancamerica-Blair to San Francisco Financier Ashby Oliver Stewart, who is now chairman of the board (TIME, Dec. 26). Obvious choice as active head of the firm...
Manhattan's fusty old First National Bank is long on tradition. No employe or officer may smoke, swear or tell risqué stories within its portals. Most desks are roll-tops and on their upper right-hand corners officers' hats are traditionally poised. Last week it looked as...
In TIME for Dec. 26 on p. 11 under "Social Security" you state, "instead of upping the present tax rates of 1% on employer and 1% on employe . . . the Council advised calling a halt for 'further study' after they have been upped to 1½% January 1." Is...
Hardheaded old Steelmaster Charles M. Schwab and his smoother, younger prototype, Eugene Grace, made labor history 20 years ago when they installed an "Employe Representation Plan" in Bethlehem Steel Corp. By the standards of the nonunion steel industry of 1918, E. R. P. was revolutionary. It assumed that workers had...
As E. R. P. worked in steel, automobiles, rubber, etc., management paid all the costs. "Employe representatives" did good work for group health programs, plant safety, sports, etc. but rarely went to bat on basic questions of wages or hours. This saved employers trouble but it was not a cheap...