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EWER STARTS PROFIT SHARING

21st March 1952, Page 36
21st March 1952
Page 36
Page 36, 21st March 1952 — EWER STARTS PROFIT SHARING
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EMPLOYEES of George Ewer and Co., Ltd., have now received further details of the profit-sharing scheme announced by Mr. J. H. Ewer, chairman and managing director, last month, and reported in "The Commercial Motor" on February 29. The directors have guaranteed a minimum of £400 to start the fund. They state that this amount could be increased to £4,000, given good weather, favourable trading

conditions and full support from the staff.

All regular employees will share in the fund on the basis of units held. Everyone will be entitled to one unit and longer service with higher pay will enable some workers to qualify for two units.

A comparable scheme has been introduced by Fallowfield and Britten, Ltd., a wholly owned subsidiary of George Ewer and Co., Ltd.