Excerpt from Bonus Tables: For Calculating Wages on the Bonus or Premium Systems; For Engineering, Technical, and Allied Trades
The conference held at 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.
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