A SOUND POLICY

Dominion, Volume 10, Issue 2932, 18 November 1916, Page 3

A SOUND POLICY

A BIG FIRM AND ITS TREATMENT OF ITS EMPLOYEES. Mr. \Y. H. E. Judd, advertising manager for the Vacuum Oil Company Proprietary, Ltd., in tlio courseof conversation recently, supplied some interesting information regarding the magnitude of the company and the policy of its directors. .The Vacuum Oil Company Proprietary, Ltd., ho pointed out, gives employment to over one thousand Australian or British subjects, and the lino oxamplo shown by this company in" the manner in winch it takes care of its employees is worthy of emulation. For oxamplo, over 10 per cent, of its staff have already enlisted, and the company is either paying their full salaries or the difference between the salary that tho employee is receiving from tho Government and tlio salary tliafc he drew from tho company. ' Eacli employee who has enlisted lias the promise that his position will be ready for him again upon his roturn. The policy of tho Vacuum Oil Company Proprietary, Ltd., is one of cooperation—of _ giving fair and just treatment to its workers. It has. various educational methods, such as traininn; schools, which certain members attend nightly, as well as lectures given by the managers of technical, scientific, and educational departments. Every inducement in education, promotion, and encouragement is given, so that employees will remain in tlie company',s sorvice. Tho democratic feeling that the office boy has an opportunity' of some day becoming the managing director is tho spirit that prevails throughout the organisation, as proved by tho fact that one of the proscnt directors started as an. office boy in Brisbane some years ago'. In addition to these advantages tho Company has a pension schemo by which any employee who has been in the servico for twenty years, and reaches tho ago of sixty, may retire, drawing a pension that does not cost him a single penny. Again, all employees aro covered by an insurance policy that, in tlio event of death after iivo years' service, the dependants receive payments in accordance with tho length of service of tho employee. This is also without cost. Tho Vacuum Oil Company Proprietary, Ltd., is one of tho biggest companies operating in Australasia, having largo 'manufacturing works at Sydney, Melbourne, and Fremantlo, besides offices aud warehouses in twenty-live centres in Australasia. Tho products marketed by the company are liighgrajde American kerosenes, motor spirit, spraying oil for orchards, lcero6eno stores and 1 heaters, and lubricating oils. All tho modern methods of keeping the staff and general public posted on tho chief topics of the day have been well catered for by the company's two papers, "Tlio Vacuum Review" and tho "Gargoyle Bulletin," with which many of our readers 'are familiar.