ABSTRACT

The firms who are giving Co-Partnership can always rise with them and always continue to pay the highest rate of wages. The complaint in all high-waged countries is the high cost of living. The employer always takes into account the cost of materials, wages, etc., but he never takes into his cost the profit he desires to make on the contract. The profits are not added to the cost, they are the reward of efficiency of the staff, and the reward of efficiency of the employer. In this chapter, the author tries to show that those firms mentioned in the official report of the French Government who have Co-Partnership are paying the highest rate of wages, working the shortest hours, have the best sick benefits and best holiday arrangements. Therefore, those advantages are not at the expense of the wages. Those benefits come out of the increased efficiency of the employer and the increased efficiency of the workers.