Word: employee
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One Packard employe had nine traffic and 14 plant accidents in five years. The foreman found him a hothead who liked to ram drivers he saw violating traffic regulations, a fast worker with excess time for practical jokes (which often backfired). Switched to a responsible maintenance position, his traffic and...
...plushiest employe profit-sharing plan in big corporation history last week was announced by Beech Aircraft Corp. The scheme-which was okayed with a whoop and a holler by Beech's 6,000 employees-gives them one-half of all company profits. Distributions (50% cash, 50% U.S. Defense Savings bonds) will be made every three months on the basis of the preceding quarter's earnings. Beech thereby expects to generate enough worker cooperation and efficiency at least to offset the cost to the stockholders...
Financial control would remain in the hands of company officials, said the Colonel. But the Army would control production, until the Mediation Board, the union and Mr. Hill worked out something. As for the status of Mr. Hill, Colonel Jones cracked: "He is now a former employe."
On a street corner in Salt Lake City, police picked up 37-year-old Mark Larmon Stewart, a post-office employe, as he stood earnestly expounding his faith to pretty Evelyn Christensen.
To make these increased benefits possible, Congress will have to raise substantially the tax on payrolls-now 5% for employer and employe together. Upping old-age payments another 4%, as suggested by Treasury Secretary Henry Morgenthau (see p. 77), would bring the total tax to 9%: 3% paid by the...