INCENTIVE TO WORKERS
PROFIT-SHARING SCHEMES. NATIONAL PARTY’S POLICY. ? I (By Telegraph—Press Association.)AUCKLAND, April 12. Methods of profit sharing, as advocated by the National Party, in order to give a greater incentive to workers in industry, were explained .by Mr S. G. Holland tonight in an address at the Auckland Town Hall. In his own manufacturing business, which he and his brother had started after the last war, with his war gratuities as capital, a profit-sharing scheme had been introduced fourteen years ago and had proved a great success. As a result of it, prices were lowered, output was increased, more people were employed, and the men made more money. Every Thursday the profits made that week were shared with the employees, and the result was general satisfaction and goodwill. In its industrial relations policy, the National Party planned to encourage similar schemes, and whether it was done by-profit-sharing, co-partnership, co-opera-tion, or payment by results, . the worker, as an essential partner in industry, would be offered an opportunity to receive a greater share of the profits resulting from his efforts. Referring to compulsory unionism, Mr Holland said his party would institute secret ballots among those concerned to decide whether compulsory unionism should be applied to any particular section of workers. The making of compulsory levies on union members for party political purposes woulA be made unlawful and union funds would be made subject to strict audit to ensure that they would be used properly for the benefit of the contributors.
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Wairarapa Times-Age, 13 April 1943, Page 3
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249INCENTIVE TO WORKERS Wairarapa Times-Age, 13 April 1943, Page 3
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