Established 1885 · Reestablished 2026
American Protective Tariff League

Library · AISA

The Iron Age 1927-06-23: Vol 119 Iss 25

1927 Reed Business Information US

Read in full

Hosted at the Internet Archive · Open on archive.org

Opening Pages

THE IRON AGE New York, June 23, 1927 ESTABLISHED 1855 119, No. J Pay Incentive, Reduction Material Hauling and Close Buying—Large Saving Inventories BURNHAM the purchase raw material and the placing orders for finished products permanent committee from the sales, purchasing and factory de- partments largely responsible for reducing per cent, during the past year, material process manufacture the Jeffrey Mfg. Co., Co- lumbus, Ohio. Factors contributing increased efficiency are the operation premium system paying employees, conservation movement material within the plant, and the effective use modern tools—matters which require presentation first that complete compre- hension the Jeffrey method may obtained. Special Bonus System Adopted compensate properly those employees showing the greatest efficiency turning out good work the least cost, the company for number years has paid, addition regular hourly rate, what termed “gain-sharing rate” for all jobs completed satis- factory manner. Conditions governing the payment the latter have been outlined the company, that misunder- standing may occur. The foreman must approve job completed, his and the inspector’s entire satis- faction. allo…

Citation

The Iron Age 1927-06-23: Vol 119 Iss 25. Reed Business Information US. 1927.