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

70 
II.—PRIVATE FIRMS AND COMPANIES. 
“ L. M.” writes : — 
“ Quite satisfactory. There is not the slightest doubt that it 
“ ‘ promotes harmonious relations between employers and employed 
“ ‘ and avoids strikes and disputes.’ We have never had any trouble 
“ with our men since we adopted it. The most important thing is 
“ that it does away with the perpetual arguing with employees as to 
“ their remuneration. They know that if business is good their 
“ salaries rise automatically.” 
Messrs. John Sadd & Sons, Ltd., timber merchants, write: — 
“Not altogether satisfactory; in some instances it answers well, but 
“ it has not brought out any extra effort amongst some of the men; 
“ but on the whole it tends to promote harmonious relations between 
“ employers and employed.” 
The South Suburban Gas Co. refer to a speech by Mr. Charles 
Hunt, Chairman of the Company, at the Ordinary Half-Yearly 
General Meeting' of the Company held on February 2, .1912, in 
which he said : — 
“ . . . . having regard to the labour unrest in other industries of 
“ which so much had lately been heard, it was with much satisfaction 
“ that the Directors were able to report the continued smooth working 
“ of the Co-partnership system, one of the good effects of which had 
“ been to increase in a marked degree the intelligent interest on the 
“ part of the employees of all grades in the success of the Company’s 
“ operations. The spirit of Co-partnership was, in fact, manifest in 
“ the accounts before the proprietors. Sir George Livesey was always 
“ of the opinion that considerable monetary value attached to the 
“ goodwill of employees; and this value was now being reaped in the 
“ shape of better carbonizing results, reduction of working costs, and 
“ zealous attention to the requirements of consumers. In return, the 
“ employees derived substantial benefit from the annual Bonus to 
“ which they were entitled under the scheme.” 
Messrs. H. Ballantyne & Co., woollen manufacturers, write : — 
“ After nearly 20 years’ experience we have no hesitation in saying 
“ that our system of Profit-sharing does ‘ call forth extra zeal.’ It is, 
“ of course, impossible to say how far this goes in recouping us for the 
“ amount paid in Bonus, but we have no doubt that it does so to a 
“ considerable extent. It has certainly helped to promote the most 
“ harmonious relations between us and our employees. The best 
“ evidence we can give of our belief in its success is our recent decision 
“ to extend the scheme to all workers in our employment, whether in 
“ our Innerleithen works or elsewhere.” 
Messrs. Carr, Lomas & Co., Ltd., mantle manufacturers, 
write : — 
“ Partial success only. It has given the Directors the opportunity 
“ to encourage merit—doubtful if it has conduced to harmonious 
“ relations as a rule, but the gift of Bonus has generally been 
“ appreciated.” 
Messrs. G. W. Chitty & Co., Ltd., flour millers, write: — 
“We still continue to be quite satisfied with the results of our 
“ Profit-sharing scheme and have nothing to add to earlier reports.” 
Messrs. T. Chalmers & Sons, Ltd., paper makers, write : — 
“ The system continues to work satisfactorily and to our mutual 
“ advantage.” 
<£ P. Y.” writes: — 
“ Certainly. We are satisfied that our system has been an all round 
“ benefit. J
	        
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