Sharing Profits in Industry

Archive Report

Labor's Claim to Share in Industrial Profits

Demand for Wages Based on Company Earnings

GENERAL industrial prosperity—past and prospective—has been one of the chief bases of organized labor's postwar demands for wage increases that will maintain the levels of take-home pay enjoyed by wage-earners during the war. In some of the major wage disputes, profits made by particular industries during the war, and expected to continue after reconversion, have figured prominently in union arguments that the companies have the ability to pay higher wage rates with little or no increase in the prices of their goods.

Past experience has shown that in periods of good business and of strained employer-employee relations interest tends to grow in methods of sharing profits with workers in order to give them ...

locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles