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Profit-Sharing - LoveToKnow 1911 (Site not responding. Last check: ) |
 | | There are also important examples in Germany, the United States, Switzerland (where the state once applied the system in the postal service, and still does in the telegraphs), in Holland, in the socialist co-operative societies of Belgium, and elsewhere. |
 | | Profit-sharing has been quickly abandoned in many instances, for various reasons; there were no profits to divide; the small bonus given seemed to have no effect; the hope of detaching the men from their union, or contenting them with lower wages, was not realized; or the business passed into unsympathetic hands. |
 | | It is exemplified in nearly all profit-sharing cooperative societies, and in a growing number of businesses of non-co-operative origin which accumulate part or the whole of labour's profit in shares. |
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