The Laurens advertiser. (Laurens, S.C.) 1885-1973, 1917-01-17
LIFE INSURANCE
FOR MILL OPERATIVES
t0rendel and Ninety Six Mills Give Aid
to Employees. Plan was Instituted
by President Mckissick,
Greenwood Journal.)

Greenwood Journal.)
One of the latest and most impor.
tant moves on the part OF the man.
agement Of the Grendel Mills Nos.
and and the Ninety Six Cotton
Mills, move which In it's effects
VIII doubtless have reaching re-
suits, Is the placing Of each opera
tive on the pay roll Of the Mills un-
der the protection of life insurance
q policy. This important development
Affects about three hundred opera
tives in Grendel Mills No. /, and
about one hundred and fifty each in
Grendel No. 2 and the Ninety Six
Cotton Mill,-a total Of approximate
ly six hundred employees.
This move has been contemplated
by Mr.. a. +. McKissick, president and
treasurer Of the above Mills. 70 rscv-
eral months. and is Just another evil
dence of the cordial relations exist
ing between the management and
those who operate the machinery in
less to add, in this connection, that
Mr.. Mckissick is one OF the pioneer
manufacturers in this State who has
instituted this plan Of insuring all
of his employees, and he, together
with Mr.. r. NJ. Burnett, Special agent
of the Southeastern Life Insurance
Company Of Gre5nvillc, S. c., has sue
ceeded in working out some very in
teresting rs well as practical details.
First OF all. the entire premium
is paid by the Mill itself. Tho near
relative or relatives Of the insured is
the sole beneficiary in case Of death.
Each oprativc receives a policy Of in
surancc, the amount of which is
based on the earning capacity OF the
individual. In each case the maxi
mum amount OF the policy is one
years salary on the basis OF three
hundred and twelve working days.
In case the insured earns one dollar
per day, his insurance amounts to
three hundred and twelve dollars;
the maximum amount, however, be-
ing III force only after one year of
continual service in the Mill.
The insurance of all the operatives
in these Mills went into effect on
Jan. 1st, 1917. In case of the death
of any one Of the pcrsors insured
during the first four months the policy
ic in No
ceive one fourth OF full years sal
ary; If death occurs during the sec
ond period Of four months, the a
mount to be paid is one half of the
years salary; during the third pc
riod Of four months the amount of
benefit in case OF death is three
fourth of a full years salary and
after the insured has been in the en-
ploy Of the mill for a full year the
amount Of insurance carried for his
benefit by the mill amounts to a
full salary
This generous move on the part Of
the management OF this group Of
mills is merely tho outcome of an
earnest desire TO recognize the loyal
and enthusiastic cooperation of their
employees in a practical way. Usu-
ally the time OF the greatest need
is when death invadcs the home.
1T is needless to add tha the opera
tives themselves arc thoroughly ap-
preciatiye of this very practical and
generous benefit
1t has been agreed further that all
additional employees added to the
pay roll Of the Grcndcl Nils Nos.
and and the Ninety Six Cotton
Mills will be protected in like man
ner but only after such employees
have been in the continuous employ
OF one OF the mills for thirty days.