Show c r Profit Sharing Schemes Scheme JIL Labor bor n the United States has hasha had its pay increased ji 1 c by the war in In Europe according to Ed Edward war l F F. McSween y C Chairman airman nan of the directors of the the Boston liis means that more than the normal wage i Is i J. J b being ing p 1 her l laboring boring classes monthly It does doe not mean an however vever that that individual wages have been increased sed but rather that about aboul more rc persons persons are are being employed at the average wage of 55 I a mouth n nt Pr Pr Present sent sent pr prosperity has led m many ny persons to believe that all wage earners c earners are rC sharing directly in the big profits now being piled up in inc in c certain rt in industries This is not not true to the extent of although profit sharing a ing has has been been carried out by different firms in the past year according H.Q. to a report of the welfare department of the National Civic f federation This Ibis rep report rt analyzes of these profit sharing plans under many names as b bonuses premiums stock dividends commissions commissions commis commis- si ns old age pensions insurance etc Of the best known know plan the f five dollar minimum wage paid by the Ford Motor company the report says says' that although it is described described de de- de- de scrib scribed d by the company and is popularly understood as profit sharp shar ing yet it do does s not fall within the stan standard ard definition of profit sharing and is in realty a unique high wage system made possible only by extraordinary conditions The report says fi Ft V P Union o r representatives pre e a also o point out that labor itself is making ilp 1 maDd for profit sharing either inthe organized or unorganized f fields fields' e s Viand that the t things g of of al yit vital l interest to labor a are e not not those J propose p but which emanate from th the working m men n themselves A i re m meday labor will wills will's suggest gg or gt-or of dictate the kind of profit profitS S sharing it wants want but it It will never be a bonus scheme under any name l Labor does not want bonuses It wants all that it earns paid to it in regular wages not in any form which depends upon the whim tact tet policy or char charity ty of the empl employer yer to be withdrawn at t his dictation dictation dictation dic tation 1 |