Word: bonus
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...Transit Authority threatened the 6,000 strikers and sympathizers with dismissal if they did not return at once to work. Otherwise, all the TA was able to do was offer overtime pay and a 25 per cent bonus to non-striking underground employees...
...down to New York City (it's a wonderful town) where the straw boss is the city and the man in the shiny white domed building. If you go down to the subways and keep the trains from stopping, they'll give you a twentyfive per cent bonus and if you work a little longer they'll give you time and a half. If you keep your hand on the throttle and your eye on the track, you can forget the men who're walking back and forth above you asking for a decent union and a decent break...
Grace drove other men as hard as he drove himself. He sent out photos of himself to his plant managers, autographed: "Always More Production." He pushed Beth Steel's famous incentive plan by which workmen were carefully graded on their output, and the top producers were promoted to bonus-paying jobs...
...Year. Yet Grace also had his troubles, with labor and stockholders. They complained when in depressed 1930 Grace got a bonus of $1,623,000 for 1929. In the mid '30s Grace, with U.S. Steel, led the industry's opposition to the unionization of workers and to the New Deal. He waged a loud battle against Social Security and the closed shop...
There were other rewards. For the last 30 years, Grace has ranked among the ten highest-paid U.S. businessmen. Last year his $809,000 salary and bonus topped the nation's list. But stockholders felt that he had earned it. During his 41-year regime Grace boosted Bethlehem's capacity from 1,000,000 tons to 20 million tons a year, recently started a $300 million expansion that will add another 3,000,000 tons. As he stepped down, Beth Steel was in glowing health. While other makers operated at about 80% capacity, Bethlehem was pouring...