86
III.—CO-OPERATIVE SOCIETIES.
Societies which, in these years shared profits with their em
ployees, the number of the employees of these Societies, and the
ratio which the bonus received by them bore to their wages, are
shown in the Table which follows : —
Profit-sharing by Agricultural Productive Societies,
1899-1910!
[ Compiled from Returns made to the Labour Department, to the Chief Registrar of
Friendly Societies, and to the Irish Agricultural Organisation Society.']
Societies which shared Profits with their
Employees.
Year.
No. of all
Societies
at end of
Year.
No. of
Societies
which paid
Bonus in
Year.
No. of
Employees
receiving Bonus
on Wages
in Year.
Ratio of
Bonus to Wages-
of Participants
in Year.
1899
137
i
3
Per Cent.
2-5
1900
156
ii
48
5-6
1901
161
12
78
4-9
1902
193
14
77
2-9
1903
225
19
133
4-3
1904
256
24
126
4-2
1905
260
27
177
3-3
1906
272
30
186
3-3
1907
287
38
222
5-4
1908
302
31
174
5-0
1909
317
48
318
5-4
1910
335
45
321
6-2
It will be seen that, taking all the Societies comprised in this
group together, the element of Profit-sharing with employees has
not, so far, played an important part in the organisation of the
Agricultural Productive Societies. Among these Societies the
principal group is formed by the Irish Dairying Societies, 291 in
number in 1910, with aggregate sales of £2,059,905, or 93'4 per
cent, of the total sales of the whole of the Agricultural Productive
Societies in the United Kingdom. The profits made by these 291
Irish Societies in 1910 amounted to £23,958, out of which £591
in all was paid by 38 Societies to their employees as bonus on
wages, to which it made an average addition of 5’9 per
cent. With respect to shareholding by employees, the rules of
the Agricultural Productive Societies provide that the share in
profits falling to the employees shall be accumulated as shares in
the Societies; and in those cases in which a share in profits has.
been paid to the employees, it may be presumed that there are
in the Societies by which this bonus has been allotted a certain
number of employee-shareholders; speaking generally, however,
it does not appear that in any considerable number of cases
employees are members of the Society by which they are employed,
nor that the employees are, to any very appreciable extent, repre
sented on the Committees of Management of these Agricultural
Productive Societies.