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Carlisle in August last, between the Executive Councils of the Engineering Employers Federation and of the Amalgamated Society of Engineers, to discuss the advantages and disadvantages of the Bonus or Premium System for the payment of men employed in the engineering and allied trades, came to a decision which was absolutely favourable to the system; and will, without doubt, ultimately lead to its general adoption. The advantages to be derived are so evident, that the author anticipates that this system will not only become universal in the engineering trades, but that its successful working will be the means of extending its principles to other industries, so that in the near future it will become recognised as the fairest and most equitable method of rewarding labour, combining, as it does, increased advantages to the workman, as well as reduced cost to the employer. The Premium System is already in practical use at a large number of important engineering works in this country, including those of Messrs A rmstrong, Whitworth Co., David Eowan Co., R. J. Weir, Barr Stroud, John Lang Sons, Mavor Coulson, Kichardsons, Westgarth Co., Browett Lindley Co., and the Central Marine Engine Works. Wherever it has been introduced, it has proved successful by increasing the workmens wages per hour and reducing the wages cost per unit of product to the employer; thus providing in itself an amicable partnership between the workman and the employer to the benefit of both parties. At a recent meeting of the Institution of Mechanical Engineers, when a paper entitled A Premium System applied to Engineering Workshops was read by Mr James Rowan, of Glasgow, the author, who has had practical experience of the working of the system for upwards of five years, mentions that, since its introduction, the average time taken by all the machinists has been reduced during the first four y
(Typographical errors above are due to OCR software and don't occur in the book.)
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