Show fr r The Modern Trend I S. S EVERAL of the larger Utah banks have made the simultaneous i O announcement of the inaugurating of a sharing profit-sharing plan under under un- un der which their will benefit There Is nothing radically 1 new W in the proposal but it does evidence the modern trend in busi busi- ness x This trend is to permit to share in the profits their labor creates It is in fact taking the into partnership and eliminating the imaginary mark that mark that divides capital and labor There are three accepted means of dividing profits with ith the yes One consists in the giving of bonuses generally at Christmas time the bonus consisting of an extra months month's salary or ora ora a percentage of the yearly earnings A second means is the raising df wages The third and probably the best is the sharing profit-sharing pl plan n similar to that just inaugurated by the coterie of Utah banks f The sharing profit-sharing plan automatically gives every an active j tive interest in the business He does not become a stockholder but hift he is a shareholder to the extent that he shares in the profits pf pt the business He likewise assumes the p position of a partner in inthe the business for he is kept informed as to the earnings or the losses flosses should there be any r The sharing profit plan also possesses a degree of fairness due to its flexibility that can scarcely be made pos possible ible under either the system of bonuses or the plan of higher wages If the business business busi busi- ness prospers the employers prosper if it loses the lose but there is small prospect of any business suffering a loss when its are filled with the loyalty that comes from knowing they are being treated fairly and that in a measure they are working work work- working ing for themselves These progressive banks bank which have just st inaugurated the the sharing profit-sharing plan are therefore we believe deserving of commendation com coin They are exemplifying the progressive spirit that dominates dominates dom dons mates not alone the banking circles of this community but the b business siness and commercial circles as a whole v |