GUARANTED ANNUAL WAGES by

GUARANTED ANNUAL WAGES

By
Email this review

KIRKUS REVIEW

With the appointment of a national committee to study the question of guaranteed annual wages universals interest in this excellent book on the subject should be presumed. Here is an optimistic approach to a problem that frightens the conservative businessman. The authors present a reasonably comprehensive picture of three leading companies who have applied the principle effectively:- Proctor and Gamble; Hormel; Nunn-Bush. Each company faced an individual problem, but management attacked these problems unfettered by tradition. They have proved conclusively that the guaranteed annual wage is ""good business"" -- and good human engineering. What Jay Hormel has achieved for his 4,000 employees and the town of Austin, Minn., is known in general terms. Here are specific facts. The authors recogize that many industrialists will find these facts unpalatable; they feel that labor and the public will breceptive; they believe it offers a challenge to employment after the war. This volume serves a high purpose.

Pub Date: June 2nd, 1945
Publisher: Univ. of Minnesota