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There was an end of his profit-sharing, and all the recriminations which were involved in it. Now he could enter into direct relations with the employers and look his comrades straight in the eyes. For various reasons it had been a humiliating time; but he had no feeling of resentment toward Pipman; he had learned more with him in a few months than during his whole apprenticeship at home.
The new scheme was to have a profit-sharing element: the workers were to be represented on the syndicate, and every nerve was to be strained to secure the best business management. The existing middlemen would be either liberally bought out, or absorbed into the new machine. It was by no means certain that they would show it any strong resistance.
In some cases, profit-sharing plans have been put into force; in others, disputes have been referred to impartial boards of outsiders; and in yet others, machinery has been established for continuous conference between representatives of the employees and employers.
By an inhabitant of Florida. Fourth edition , pp. 21, 22. This experience left Kingsley undaunted in his belief that liberalism and profit-sharing were the soundest basis for the plantation régime.
It adds to their efficiency, and in these days when scientific management is putting so much emphasis on efficiency, any measures that add to industrial welfare are not to be overlooked. 204. =Profit-Sharing.= Another method of conferring benefit upon the employee is profit-sharing.
These seemed extremely liberal and just to both sides, but Mrs. Trent did not greatly surprise her listeners when she quietly interposed a clause to the effect that: "My husband believed in profit-sharing. It was his ambition to put Sobrante and its various interests into such an operation. I want all our 'boys' to enjoy the benefits of that which God has given us.
It was a matter to be laid before his attention at once. Mackenzie did not want this loss charged against him as another example of his unfitness to become a master over sheep on the profit-sharing plan. It was past noon when Reid returned, coming riding from Swan Carlson's range. He came only near enough to Mackenzie to see who it was, galloping on to the wagon.
Recent experience of formal methods of conciliation and of sliding scales, especially in the mining, engineering, and metal industries, as well as the failure of some of the most important profit-sharing experiments, shows that we must be satisfied with slow progress in these direct endeavours after arbitration.
There is also a considerable amount of talking and writing about "profit-sharing" and about giving the workers a share in the business direction. Neither of these ideas appeals to the shrewder heads among the workers. So far as direction goes their disposition is to ask the captain to command the ship.
King Pemberton and his princely sons do not believe in all this nonsense about profit-sharing, or a minimum wage, or an eight-hour day, or pensions, or any of the other fads by which dangerous persons like Mr. Ford, the motor manufacturer, encourage the lazier workmen to think that they have just as much right to rise to the top as the men who have had nerve and foresight. And indeed Mr.
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