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

INDUSTRIAL : ASSOCIATIONS OP CONSUMERS. 
79 
The amount of the addition to wages made by the profit-sharing 
Bonus received by the employees of the Scottish Wholesale 
Society in the years 1899-1910 was as shown below: — 
Ratio op Bonus to Wages in Scottish Co-operative 
Wholesale Society, 1899-1910. 
Year. 
Number of 
Employees 
sharing in 
Profits. 
Ratio of 
Bonus to 
Wages and 
Salaries. 
Year. 
Number of 
Employees 
sharing in 
Profits. 
Ratio of 
Bonus to 
Wages and 
Salaries. 
1899 
5,401 
Per Cent. 
3-3 
1905 
6,694 
Per Cent 
3-3 
1900 
6,091 
3-3 
1906 
6,984 
3-3 
1901 
6,192 
3-3 
1907 
7,453 
3-3 
1902 
6,403 
33 
1908 
7,653 
3-3 
1903 
6,786 
3-3 
1909 
7,547 
3-3 
1904 ... • ... 
6,562 
3-3 
1910 
7,611 
3-3 
Shareholding by Employees. 
In the English Co-operative Wholesale Society membership is 
confined to Societies registered under the Industrial and Provident 
Societies Acts or the Companies Acts, so that it is not possible 
for any of its employees to hold shares. 
The Scottish Wholesale Society, in addition to admitting 
Societies to membership, has, since 1892, permitted its employees 
to become holders of from five to fifty shares of £1 each, and 
they are entitled to send one representative to the general meet 
ings, with an additional representative for every 150 employees 
who become shareholders, each representative having one vote. 
No employee, however, can hold any office on the Committee or he 
an auditor of the Society. At the end of 1910, 561 of the em 
ployees (out of a total of 7,611) were shareholders, holding 15,704 
shares, upon which £13,945 was paid-up; and, in addition, 
£57,892 of the loan capital of the Society, representing the Bonus 
Loan Fund mentioned above, belonged to its employees, members 
and non-members together, the balance-sheets not showing 
separately the amount belonging to each class. The number of 
votes which the employees are entitled to give at meetings of 
shareholders through their delegates is at present four. 
(c) Productive Societies. 
The 39 Consumers’ Productive Societies in existence at the 
end of 1910 consisted of 5 corn-mills, 22 bread-baking Societies, 
and 12 miscellaneous Societies engaged in various industries, 
including building, printing, laundry work, dyeing and cleaning, 
and mineral water manufacture. Out of the 39 Societies com 
prised in this group, three Societies only in 1910 allotted any 
share in their profits to their employees. The total number of 
employees who thus participated in profits was 1,312, and the
	        
Waiting...

Note to user

Dear user,

In response to current developments in the web technology used by the Goobi viewer, the software no longer supports your browser.

Please use one of the following browsers to display this page correctly.

Thank you.