ANALYSIS OP SCHEMES NOW IN FORCE. 
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24548 B 2 
of the employees; others( a ) in which 5 per cent, is allotted, one( b ) 
of 3 per cent., another( b ) of 1| per cent., one(°) in which the share 
of the employees is 2\ per cent, of the divisible profits up to a 
certain sum, and 5 per cent, of the profits in excess of such sum; 
the whole of the divisible profits are allotted to employees in one 
case,( d ) while in another( e ) the whole of the profits from one 
department are so allotted, with one-half of the remaining' profits. 
It is, however, necessary to state that many of the returns contain 
no information as to the percentage of profits allotted to em 
ployees in cases where there is not known to be any “ reserved 
limit.” In a few cases( f ) capital and wages share concurrently, 
the bonus being at the same rate on wages as the rate of interest 
received by capital. 
Where the participation of employees in profits is dependent 
upon the profits reaching a certain fixed amount, the proportion 
of the surplus profits above this reserved limit which, so far as is 
known, is appropriated to the payment of bonus varies from 
5 per cent, up to 50 per cent., about one-third (») of the schemes 
which fix the bonus in this way allotting the latter percentage. 
(For the other percentages, see note( b ).) In one case (No. 78) 
the whole of the profits above the reserved limit are allotted to 
employees up to 5 per cent, on their wages. In a number of 
cases) 1 ) the surplus is shared between capital and wages qyro rata, 
i.e., the bonus on wages is at the same rate as the dividend on 
capital; this plan being varied in the case of No. 65 by giving 
half a week’s wages for every half per cent, over 5 per cent, paid 
as dividend. In three cases (Nos. 63, 64, and 68) in which the 
employees’ right to share in profits is conditional on the profits 
reaching a certain standard, the bonus allotted is based on the 
total net profits (not the surplus profits over the reserved limit), 
the employees getting per cent, of such profits in the case of 
No. 63, 10 to 15 per cent, (rising with the profits) in the case of 
No. 640, and in the case of No. 68 a dividend on their wages 
equal to one-quarter of the rate of dividend paid to ordinary 
shareholders. 
With regard to the division of the total bonus fund among the 
different employees, by far the most common method adopted is 
to divide this fund between the participants in proportion to the 
amount which each has earned in the period to which the distri 
bution relates; but in making the calculation overtime is excluded 
in a few schemes( k ), overtime and piecework in a consider- 
(“) Nos. 50, 70 (may vary to 6 per cent.) 71, and one anonymous case. 
( b ) Anonymous. (°) No. 130. ( a ) No. 37. ( c ) No. 3. ( f ) Nos. 36, 48, 54. 
(s) Nos. 19, 25, 35, 49, 66, 112, 131 ; in the case of No. 61 the directors and 
employees share between them half the surplus profits. 
( h ) The percentage is 33^ for No. 6 ; 25 for Nos. 5, 16, 27, 120 ; 20 for Nos 
14, 76 ; 16§ for No. 81 ; and 5 for Nos. 26, 40, and an anonymous case ; in the 
case of No. 125 the amount given to employees is equivalent to 15 per cent, 
of the dividends paid to shareholders in excess of 10 per cent. 
0 Nos. 43, 51, 73, 87, 88, 92, 115, 117. 
0 There is a further provision that “ the amount to be distributed must not 
bring the profit remaining below the figure it would have stood at, if the lower 
percentage had been calculated on the highest amount to which the lower 
percentage applied.” 
( k ) Nos. 5, 23, 26, 53, 86, 94,