Word: labors
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Dates: during 1930-1939
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Surprising fact is, the vast majority of profit-sharing plans have been suggested by owners and managers, not by employes. Every labor leader since Samuel Gompers has been flat-footedly opposed to profit-sharing except under special circumstances. Management generally thinks of it from one of four angles-promotion of employe security, improvement of employe-owner relations, solution of social problems, or as an incentive to increase production. Labor leaders dislike it because it makes unionization more difficult; causes particular companies to deviate from standard union wage scales; represents deferred compensation which workers would rather have weekly; and, finally, opens...
...years, increases this to a maximum of 15% by the time the worker has served 15 years. The fund is used to purchase stock over a period of six years, after which the employe draws cash dividends. President Deupree said the plan has reduced his company's labor turnover almost to .5%. Key to its success, said he, was keeping profit-sharing from becoming a substitute for higher wages; P. & G. wages per hour have risen 50% since...
Chairman William says labor was one of the main reasons the company fell so far and so fast. About two years ago truck drivers, charged with as many as 650 steamer baskets a day, began to report that longshoremen refused to handle the baskets because the drivers were nonunion. The drivers organized. Then they themselves objected to taking hot goods from non-union warehousemen. The warehousemen organized. So, in turn, did the grocery clerks, and the office force, until Charles & Co. was 100% union. All this, says Chairman William, cost the firm between $52,000 and $55,000 annually...
...Harper, $2.50) is not written for those who like to play games. Tall, dark, 38-year-old Ignazio Silone, whose two novels (Fontamara, Bread and Wine) have been called the sum total of modern Italian literature, has had intense first-hand experience under a Fascist dictator. Editor of a labor paper in Trieste when Mussolini came to power, Silone was pursued by Black Shirts for three years (they killed his brother), escaped in 1931 to Switzerland, where he has since become Mussolini's most embarrassing critic...
...repeal of the forty-hour week by decreelaw, and the military suppression of labor's right to strike, were not the methods a democratic premier should have chosen. He and the present deputies were elected one the pledge to uphold labor's demand for a forty-hour week; Daladier later reversed his own stand; but he had no right to change the nation's mind by coercion...