Report on profit-sharing and labour co-partnership in the United Kingdom

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Monograph

Identifikator:: 1016336950

URN:: urn:nbn:de:zbw-retromon-27123

Document type:: Monograph

Title:: Report on profit-sharing and labour co-partnership in the United Kingdom

Place of publication:: London

Publisher:: His Majesty's Stationery Office

Year of publication:: 1912

Scope:: 1 Online-Ressource (160 Seiten)

Digitisation:: 2018

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: II. Profit sharing and co-partnership in private firms and companies

Collection:: Economics Books

OPINIONS OF EMPLOYERS. 67 24548 E 2 D.—OPINIONS OF EMPLOYEES AS TO EESULTS OBTAINED BY PEOEIT-SHABING AND CO- PABTNERSHIP. One principal object of the present inquiry was to ascertain the opinions of employers who still have in force systems of Profit-sharing and Co-partnership as to the results produced by the adoption of systems of this nature.* For this purpose a series of questions was addressed to the employers ashing whether the adoption of Profit-sharing' (or Co-partnership) had proved satisfactory, whether the system had caused an increase of zeal on the part of the employees, and whether it had tended to promote harmonious relations between employers and employed. Considerations of space make it impracticable to set out verbatim the replies which have been received, and it has seemed best to adopt this course in relation only to those firms whose experience of the systems in question dates back to 1902 or to an earlier year; while the opinions expressed by the firms whose experience of Profit-sharing and Co-partnership is shorter are briefly stated in summary form. The number of firms still practising Profit-sharing which adopted the system prior to 1903 is 60, of which number nine sent no reply to the question set forth above; while the opinions of eight others (Messrs. Fox Bros. & Co., Ltd., see pp. 39 and 40; Messrs. Blundell, Spence & Co., Ltd., see pp. 28 and 29; Messrs. Hazell, Watson & Viney, Ltd., see pp. 64-66; Lady Wantage, see pp. 27 and 28; The Hele Paper Co., Ltd., see p. 38; The South Metropolitan Gas Co., see pp. 54-61; Messrs. Clarke, Nickolls & Coombs, Ltd., see pp. 36-38; and Messrs. Foster, Sons & Co., Ltd., see pp. 49-52) have been set forth in the detailed account of schemes of various types contained in previous pages. The opinions expressed by the remaining 43 firms referred to are printed below, the trade (where practicable) being shown in each case. Particulars of the manner of treating bonus in each case will be found on pp. 95-10.1 under the corresponding name or initials. “ ,1. J.” writes: — “ We believe that, generally speaking, Profit-sharing has proved a “ useful stimulus. Our work is of such a nature that we cannot “ point to definite tangible results, but we do certainly believe that “ the adoption of our Bonus System has proved satisfactory. We “ certainly believe it has tended to promote harmony between Em- “ ployers and employed, although our relations with our Employees * In the] case of schemes which have been discontinued, the causes of abandonment hrefsummarised on p. 114.

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