Firm Works For Employer, Makes More Money For Self
A decade after McCormick & Company launched a profit sharing plan, profits rose and wages surged. Employees receive first claim on profits via bonuses, with a guaranteed work year and multiple boards of directors. Dividends to stockholders grew, while wages have more than doubled since 1932 and labor trouble has been minimal. Unions were invited to organize 900 workers but declined. The firm also instituted a five day 40 hour week before federal law.
MENTIONED IN THIS ARTICLE
Baltimore
McCormick & Company
U. S
McCormick & Com
Nature’s Remedy NR Tablets War Work Message
Wartime readers are urged to use Nature’s Remedy NR tablets an all vegetable laxative. The ad touts ten vegetables formulated over fifty years ago with no chemicals minerals or phenol derivatives and claims dependable gentle relief. A 25 cent box or larger size is advertised.
Candy Coated For Regular AR Tonight
Local note describes candy coated for regular AR with possible show or event tonight and another day. Details are fragmentary but indicate a schedule or promotion in the area.
Notable Chief Benefits From Multi Board Management
A company strengthens its position among the top five spice and tea makers through a four board system. Junior boards redesign extract bottles, boosting sales, while a guaranteed 48 week yearly schedule and workplace moves reduce monotony. Senior boards coach rather than command, with 350 firms already adopting the model globally.
Italians Freed From Service On West Front
London dispatch reports Mussolini recalled ten Italian divisions from Russia with losses acknowledged and the eighth army ordered home to rest and refit. Axis radios quoted Mussolini praising Kharkov defense and tenacity while Britain mused replacements unlikely and focus shifts to home defenses. Also Arabic film producers in Egypt face possible shutdown due to financial trouble.
MENTIONED IN THIS ARTICLE
London
Benito Mussolini
Rome
Berlin
Mussolini
Eighth Army
Kharkov
Joachim von Ribbentrop
Hitler
East
Italy
Also Mentioned on This Page
John Grover
C. P. McCormick
Canada
Britain
McCormick
Lunn
BARI
Benny Tinwhissle
West Front
Egypt
Pinto
Kellogg Corn
Morning Glory
Pillsbury's Pancake
Sunshine Hiho
Crackers
Home Service Stores
Victory Savings Bonds
Wlareley Evan
EU Tv
Dad
Just
Belk-Stevens CO
High Point
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!