From Here to There

Controversy on Profit Sharing

The reflections on profit sharing that were printed in this space [May 31] seem to have touched upon a vital nerve. In presenting Mr. E. S. Hall’s ideas about linking profit sharing to the “life” invested in a business as measured by the annual payroll, I was neither praising nor condemning profit sharing as such. I was merely speculating on the possible ways of sharing profits without stealing legitimately earned rewards from the shareholders of a business.