Word: net
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Dates: during 1940-1949
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Succeeding governments have tinkered further with the law. As it stands now, at least 10% of net profits must be divided among employees according to their rate of pay. The bonus may not exceed two months' pay. Most prosperous employers consider one month's pay a minimum, and some even give more than two months' despite...
...Force and began to measure electrical stirring in the still air above active thunderheads. Sure enough, the instruments showed a current moving in the opposite direction to the current in fair-weather areas. The scientists figured that all the thunderstorms going on at one time generate a net current of about 1,500 amperes, just enough to balance the drain and keep the earth's charge constant...
...twelve months ending Oct. 31, Minute Maid rang up $11.8 million in net sales, as against a mere $3.7 million the year before, and showed a net profit of $996,000. In the current year Minute Maid plans to boost orange juice output to 213 million of its 6-oz. cans, up 142 million cans from last year...
...C.I.O., which has frequently demanded a look at a company's balance sheet, last week for the first time disclosed its own, as required by the Taft-Hartley Act. In the C.I.O. News, the union said that on Sept. 30 it had a net worth of $1,480,313, "about 25? for each C.I.O. union member" in the U.S. On this basis, C.I.O. membership was 5,900,000. The union listed its year's income at $3,040,390, and expenditures at $2,883,215. It set forth that its net worth had increased $157,175 since...
...whose profit-sharing plan increased workers' efficiency was Jewel Tea Co. Started 25 years ago by Jewel's Board Chairman John M. Hancock, onetime adviser to Elder Statesman Bernard Baruch, the Jewel plan provides for joint pension contributions plus profit-shares from management amounting to 15% of net earnings after dividends. To some employees it has paid off an average return of 55% on their original contributions...