PROFIT SHARING.

Dominion, Volume 7, Issue 1947, 2 January 1914, Page 4

PROFIT SHARING.

The visit to New-Zealand "of Sin William Lever ■ is of 'particular interest for move thiin;ono reason,' As the head of one of tho-biggest nnd most successful manufacturing businesses in the world, who has cast his eyo upon the.Dominion as affording possible opportunities for the extension of his enterprise, he will naturally be welcomed by those who recognise that our manufacturing industries. roquire the stimulus of . new capitalandup-to-date methods. But to the'mass'of the, public his advent here, or rather the prospect which, his advent is said to herald, is of especial interest, because,' of his ..well-known-views on 1 ; the-subjcct of profit-sharing.' The fame «f the methods pursued at Port Sunlight; where _S nt William liBVBB's great.business is,established, is world-wide, ... and. it..is to be assumed, thai in the-event * : of; his opening works'jhcre.fsomewhat simi-. la r methods;, w i 1 I owe d M s ■ will be swn ; fromtahVintcrvicw-vwhich-we publish in anoth«r<?CDluraß» * Sir' Wiiliam Levee is a staunch-, believer

;.in,profit-sharing. ■ He holds the view 'that the' workman is entitled to, ■■ and. should be-encouraged b.y, receiving a :.snareof the profits which he.assists to>_crcatc, He, of course;-- rcceivcs his. 'wiigcs in I:he ordinary way,, but if at the end of tho year the business, after.providing for the cost..of management, has earned profits, then .the workman shares in these.profits.- Bin. William Lkveb states the. position'so clear jyi in .'the interview re far red ' to ..that-it is not-necessary to again cover :.thc ground here. -'-"Profit-sharing has been tried at different times and in different places, and it is a disputed question whether it produces the results, in the way of better work and more contented workmen, claimed for it;' But Sir William 'Levek possesses the advantage of having, tried it for soma years at his. firm's great works, and the fact that he appears more convinced than ever that it is beneficial to wornman and employer alike speaks for itself. The experiment has not yet bean tried in Now Zealand on any appreciable scale, and it is particularly fortunate that the probabilities arc that the first venture of the kind here will be made by- 1 one so well-qualified to carry it .through.in a manner likely to ensure a..thorough and satisfactory trial.m"--