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Show 4 : U Ti y, , ,- - - WHAT COST JOBS? , ;.. , . , W. J. Carmeron, yice-president of the Ford Motor Com-W Com-W Pany, recently said it costs his I company, $9,007,37 to set J "P a job for an employee. This amount represents the cost 3 of real estate, machinery, supplies, and operating capital. It is anew angle 1 and ;an interesting one.- The figure mentioned seems high at first glance, but analysis shows that it is probably reasonably representative of industry J ?s ,a thole. For instance-to provide H pressman with a M entails -the! cost of the; press, plus the, yalue of the y e ' where it stands," i certain proportion 'of the value Z of the whole business, the capital invested, the working tapitaj,' even " the -book accounts, all of; which, are necessary Vestments in the business' of whieh that pressman s job 8 f part. If the work were mostly hand composition, for "stance, the cost of providing a job for an employee would Dess:if it were all machine composition, it would be more. The United Typothetae ratios for 1934 show that, ot '"e Plants covered by their reports, the plant investment ?5i w- employee was $2,990. -Other necessary assets was just 2ut the same figure, so that in the printing business the ,Al of Providing a job for one employee is probably about Ms ,U00. The Pacific Printer and Publisher. n . |