Word: turnoveritis
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Pforzheim's jewelry firms were already digging themselves out. One of the first to get going was Adalbert Grosse, a necklace manufacturer. While his aged father scavenged for potatoes to feed the workmen, Adalbert rounded up 15 artisans to help rebuild his factory. They salvaged fragments of gold and...
Turnover. In Cincinnati. ex-Convict Robert Ziegler. held on a charge of stealing $118 from his employer, complained that some thief stole the money from under a blanket in his car where he had hidden it.
A point came where greater "efficiency" no longer yielded greater output. Example: at a Pennsylvania textile plant where the labor turnover in one of the spinning departments was 41 times higher than elsewhere in the plant, efficiency experts in 1923 set up various wage incentives, yet production remained low and...
New Troubles. At Martin, Wonder Boy Bunker will have to perform wonders. Last year, though the company had a backlog of $400 million, it lost an estimated $22 million. Part of Martin's troubles stern from its helter-skelter expansion after Korea. Its work force mushroomed from 7,500...
Smith writers: "Comparatively few companies can justify conducting interviews with all interested candidates individually. They do not have sufficient personnel requirements to do so." He would like to see two big improvements on the Harvard system; first "the use of standardized student application forms, and second, "an adequate alumni placement...