Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1916-12-15
Christmas Bonuses BIZ
Big Business

n l:W YORK. De,cnbe,. Ii Not les, ,l,ar
~ ,>s''oo""ep VIII be distributed in New
York dHr.H@ thr month Of December.
III hvauS payments and ia CHRIS tu,as lsjfti
by employers OF labor To employ COS Prob
ably ten tiln"3 that amount Viii ho dis
trib"i"'i in the outir" country
ln"cati rus are chat ;hc ,hoorv ,iy,nco;
by lresiont Theo'lcr. \. Vail. "a; the A,ncri.
can frleahonc aud Telegram Company, wp1
was on" 81 me pioneers in ifctt;uc his cor.
9oration To aid employees over tho rour,
spots, is being generally .tdobrcd M, In Ncw
forl alone. but in cities and towns ana vii.
inGes iAroughpu; the land. -Four years: ago
Oh November II. 1912, MIR Vail announcer
that approximately .lC.0oU.OOO would he 50,
aside on January |, iGl3 for ,b, l,,rcG, n,
employees, t" be distributed III sick dement's
pensions. Insurance and other ways. Tho
pio"etr corporation In this policy 81 sharing
the profits with employees has found tho
pan Tc!y successful, officials say il, chair
workers. satisfaction with their lot
h"huS irvine Is inur.i moro popular rs 4
business policy ;han wage raising 7, ~ ma,
D" .hNHN!eir as wnEe-rnisi',g and makes ON
p!ny"4s r"rard employers i'll different light,
Li'IN" COST - nEspoNsiuiE
toH MANY BIG NONISES
me !ii;H cost OF iivinE is directly resDor.
-,;hio ior IL" bonuses. The prosperity en-
joy"d by companies in all lines has made The
Grah,lhG 81 such extra payments possible
The lead VA taken By The Guaranty Trust
Conr"nH early III tho month. when it's offi-
cialS Announced that S3oO 900 had been set
aside |" aid its employees in meeting the
many otA'r companies have followed suit
The ':,ra payments will range from IL pcr
cent OF tir annual aiarics down TO : per
cent In many cases The PAYMENTS from H.,
special FUNDS set aside have been made retro
aciiv" t" cover the months OF November and
December.
Tho largest sums t. DC distributed under
the bonus system by Standard oil tho
Atch!Hnn, Topeka and Santa. T.. Railroad Com.
pany ana The Western Union Telegraph Com.
'iahE, IN santa fr will distribute s2.75o.ooU
I" st,""0 employ eos, on the basis: OF 10 pcr
te"e "i :. years pay. 10 those who have been
in the companS's employment for at least
two years ~. Western Union distribution
will amount To S?,ano, 900 among "a 900 cn,
p1"s"eS n .sa'nEers will, receive about .25
each; employees receiving less than 81 900
:. car p"7 cent OF their annuni pay ana
'ao"s Ftr"iNi"H between 1920 and $4,000
pc cent 81 their annual pay These ey ira
payments nov being distributed wil nj,
r"ach III" "n?l"y"cs by Christmas time and
-! 80 u every station connected with 4
SAINT. 10 raj! ~ Il Western Union wire
"a" last t""nty four hours the STANDARD,
-! Company 81 New Jersey, which two weeks
az" increased the pay OF its 10000 !aborers
from =" l" so cents :. day. has announced
. 1uhStantiN! Christmas bonuses Ia offl.. worl
e!:' statesmen and. "titcr 50 laried EMPLOYEES
Al! "nir!osrrs in this class who receive
!r'" ol;''! $4,000 Year will he benefited by
The grant Twenty per cent OF their ,,lari.,
"'ii De NftIi - employees receiving uD to and
including $1,000 year. Fifteen per cent
VIII be :;ircn 10 those receiving from 81 0ol
:" S"'''' S';af. Ten per cent will lie given
10 ""fkcrS receiving from f3,00l TO toeey
q year. 1t Is said the bonuses will. 10 into
effect IN this months pay. About 5000 men
AND women wilf share in the grant
A;ik"r5 "H munitions. Steamship companies
supply companies. companies in the iron
steel, copper and lumber trades are arranc-
Ihg bonuses tor their employees AS We'll "a
'or Increased wages after the first OF the
Jcai Iiaii dozen 81 the largest companies
in N" East recently. have announced in
creaae3 in wages. Notable among these. he
SIDE! the STANDARD OH Company OF New Je--
aey, are the United Stntcs Steel COMPANY
Jones n i.au.h!in Steel Company, a number
or ataSSi';iuSetiS paper mills the Du FONT
to"h@r Company. and many others In Drac-
'cai'y every instance the advance has been
l. graduated one. averaging aDDroxina.cl,.
10 per cont to all employees
Banks and trust companies, with very few
exceptions. have made bonus distributions to
TIE employees, and planning TO make
generous christmas gifts as well rb.
Liberty National i;ank has given each cu,-
ploN"" Il bonn% OF 10 per cent to meet tho
increased cost Of living, as well AZ a 10 per
cent christmas gift The iirm OF j H. Md
gan ~ 90. = III announce soon {. substantial
Christmas nr"scEt /" it's employees Last
year inc distribution was so per cent OF the
annn"i salaries 10 oil employ ce., OF ton years
or more Service, and 20 per cont In e,apioy.,s
OF less Than ton years service
UlG HANKS GIVE t:ENEitOI
80 THEIR EMPLOYERS
n" Guaranty Trust Company has already
distributed 100000 among lis 900 en-
p"ytca. IN addition t. It's profit sim rim:
bonus. cus'omarly declared at this season,
Employees "f The Equitable Trust Colup,ny
are 1" receive -" monthly bonus of % uar