ABSTRACT
The first point to note about profit-sharing schemes is that even in the 1920's
they were not considered as anything remarkably novel or innovative.
(Taylor, 1884; Gunton, 1888; Gilman,1889; Clayton, 1912; Watney and Little, 1912; Macara, 1921; Bowie, 1922; Gilchrist, 1924) and researchers had even tried to trace their origins back to feudalism and agricultural product
sharing (Gilman, 1889). Furthermore, profit-sharing schemes had aroused sufficient interest in England for the Board of Trade to have published a
series of reports (1890, 1894, 1912, 1920) detailing the experiences of a number of firms who had experimented with them and offerlng evidence of
be comprehensive reviews of all the major schemes which had existed, what is apparent is that a considerable bank of experience had been built up and
that this had resulted in a sizeable literature dealing with the subject. (The 1912 Report for example, lists no less than 170 publications dealing with
profit-sharing issues). However, since many of these writings were 'propogandist' type documents, (often containing a general treatise on economic and industrial relations problems) with the author putting forward his own personally preferred method of resolution, it is not surprising to
discover that there was considerable divergence of opinion not only as to
tended to reinforce its accommodating potentiality.
