Factory People And Their Employers How Their Relations Are Made Pleasant And Pr

Cover Factory People And Their Employers How Their Relations Are Made Pleasant And Pr
Factory People And Their Employers How Their Relations Are Made Pleasant And Pr
Edwin Longstreet Shuey
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The age of retirement is 65. The amount of the pension is one-half of the sick benefits.
The First National Bank of Chicago has a com- pulsory plan of pensioning officers and employes. Three per cent of the wages and salaries is deducted monthly and pensions are to be granted after fifteen years of service and sixty years of age. In case of resignation or dismissal, payments are to_ be returned without interest. In the case of the death of a con- tributor of less than fifteen years of service w
...ho leaves a wife or children, the company may grant a pension or return of money paid in. As this system has many details and as it is a very recent one, it will require time to determine what points in it are satisfactory.
The Procter & Gamble Company maintains a pen- sion fund administered by the company and the men conjointly. These pensions are for aged employes and for those compelled by disability or accident to stop work. The company pays half the amount and the employes raise the other half by assessments.


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