CADBURY'S CORONATION GIFT.

Dominion, Volume 4, Issue 1216, 26 August 1911, Page 11

CADBURY'S CORONATION GIFT.

PENSIONS TO WOMEN WORKERS. Messrs. Cadbury Bros., Ltd., of Bouraville, commemorated the Coronation 1)>" creating a savings and pension fund far tlieir women; employees, similar to the fund for men and boys, already established. Employees will contribute fixed sums of Gd., Od., or Is. per week, according to age, a,nd these contributions, together with compound interest at a per cent, petannum, will accumulate, and the whole, will bo paid out to them on leaving through any cause whatever, w to their representatives ia the event of death. For any who continue in the. service of the company until fifty years .of age—or earlier, if retirement is due to infirmity— the option is given of either taking their own contributions and interest in a lump sum. or receiving a pension payable until death, and including a funeral grant. A member entering at fifteen, would at fifty have standing to her credit in the fund, contributions amounting to and interest .£126. At sistv, the contributions would be JCIII, and the interest .£269. If she retired at fifty, and elected to take a pension, the amount payable would be .£3i a year. If her retirement occurred at sixty, her pension would be MS a year. In order to make provision for those who have been in the company's service for a considerable period prior to the formation of the fund, Messrs. Cadbury Bros.. Ltd., have mado a special donation of .£IO,OOO. This will be treated as if' it were the members' own past contributions. Already 2SS7 girls, out of a -total number of about 3000, over fifteen years of age, have handed in a. request to join the fund. A similar superannuation fund was some little time ago started on behalf of the male employees, and in this case, too, the fund was handsomely endowed by Cadbury's. Several other large manufacturers in the Old Country are following on similar line.?. Cadbury's have always been noted for the generous way in which they look after' the welfare of their employees. Tlieir factory is situated in a gardea village, where the firm have erected, .v.id maintain, handsome schools, libraries, places for entertainment, parks, model cottages, etc., where those employed by them live in the utmost freedom and under the most happy circumstances. There is, naturally, a desire with the better class of work people to be employed under sucli liberal conditions as prevail at Bournville, and so. doubtless. Cadbury's are able tp secure the very best classes of labour.