Word: hormell
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Dates: during 1930-1939
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George A. Hormel was an industrial nonconformist. Practically ostracized industrially by other meat packers for stumping for a 30-hour week, he retired to California in 1927 and turned his business over to his son, Jay Catherwood Hormel...
...workman's protest jelled into an idea and in 1931 Geo. A. Hormel & Co. tried an experiment, offered its smokehouse employes a guaranteed annual wage to ease the shock of layoffs, the strain of rushes. Since then the company has made industrial history with a "straight-time" annual wage plan, under which workers in Hormel's big main plant at Austin are paid a stated wage for a stated amount of work, regardless of the time it takes them...
...Hormel was not the first to guarantee wages or employment. Procter & Gamble has guaranteed 48 weeks of work to some employes since 1923 and the National Association of Manufacturers has listed seven other companies in which similar annual plans were in effect last year.* But the guaranteed-wage idea got its biggest boost when General Motors adopted it last fall (TIME, Nov. 21). Last week it looked as if guaranteeing wages might become a major business trend for 1939† three more concerns jumped aboard the bandwagon and Jay Hormel announced a new scheme...
Though Campbell still sells an over whelming proportion of soup, H. J. ("57 Varieties") Heinz Co. can now claim the perfectly respectable title of No. 2 U. S. soup-maker. George A. Hormel & Co. is No. 3. Heinz and Hormel soups differ from Campbell's in two important respects: 1) they are not condensed, are served without dilution; 2) they cost more. Most Campbell varieties retail for from 10? to 11? per can or three for 25?. Heinz and Hormel soups, which come in larger cans, seldom get below...
...scoreless tie yesterday before a gallery of female rooters. The summary: SECOND FRESHMEN WELLESLEY Page, l.e.; r.e., McGinan Sturgis, l.t. r.t., Plouffe Tisdale, Ottinger, l.g. r.g., Colletti Walsh, c. c., McNeil, D. Newton, Weld, r.g. l.g., Callahan Todd, r.t. l.t., McNeil, W. Gilbert, Barnes, r.e. l.e., Lowe Holmes, Hormel, q.b. q.b., Vermilyea Maddox, Leroy, l.h.b. r.h.b., McCourt Drimmer, r.h.b. l.h.b., Narass Bates, f.b. f.b., Wentworth...