PROFIT SHARING
Sir, — I suggest that if workers work hard enough for employers who find capital to finance a business to enable them to make a profit, they share in the profits after two-thirds are reached, then the other third should be divided among the employees who help make it. But if the business does not make a reasonable small profit for the owners after allowing running expenses, then the workers should only receive their rate of wages, seeing that the workers put nothing into the capital to start the business. I also suggest that the Government make it compulsory for public servants to retire at 65 years and that the same law should be made to apply to the present members of Parliament.—Yours, etc., WORKER. Geraldine, September 28, 1947.
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Bibliographic details
Press, Volume LXXXIII, Issue 25303, 1 October 1947, Page 10
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130PROFIT SHARING Press, Volume LXXXIII, Issue 25303, 1 October 1947, Page 10
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