1947 Press Photo New York Share of Production Pay/Retirement Plan Review NYC
$19.99
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Description
SHOWN AT THE WALDORF ASTORIA HOTEL AUG 21 AS THEY EXAMINE THE "SHARE OF PRODUCTION PAY AND RETIREMENT PLAN" FOR THE HOURLY EMPLOYEES OF THE CONTINENTAL PAPER COMPANY ARE: (LEFT TO RIGHT, SEATED) W.J. ALFORD JR, PRESIDENT OF THE COMPANY, AND GEORGE CANNIE, PRESIDENT OF LOCAL 299, UNITED PAPER WORKERS OF AMERICA, CIO; STANDING, LEFT TO RIGHT) ANTHONY ADAMO, REGIONAL DIRECTOR OF THE UPWA, AND ALLEN W RUCKER, AUTHOR OF THE PLAN. PURPOSE OF THE PLAN IS TO PROVIDE A MEANS WHEREBY THE EMPLOYEES MAY HAVE AN OPPORTUNITY OF INCREASING THEIR IMMEDIATE EARNINGS AND OF CREATING A PENSION FUND TO PRIVIDE RETIREMENT INCOME. THROUGH THE PLAN THE EMPLOYEES RECEIVE A SHARE OF THE PRODUCTION VALUES WHICH THEY HELP TO CREATE.
