Work, Wages, And Profits (1913)

""Work, Wages, and Profits"" is a book written by Henry Laurence Gantt and published in 1913. The book is a comprehensive study of the relationship between work, wages, and profits in the industrial economy of the early 20th century. Gantt was a prominent industrial engineer and management consultant who worked with many of the leading companies of his time, and his book reflects his deep understanding of the challenges facing workers and employers in this era.The book is divided into three main sections. The first section explores the nature of work and the factors that influence worker productivity. Gantt argues that the key to improving productivity is to create a work environment that is conducive to the needs and interests of the worker. This includes providing adequate training, clear instructions, and incentives for good performance.The second section of the book focuses on wages and the factors that determine how much workers are paid. Gantt argues that wages should be based on the value of the work being done, rather than on the worker's personal characteristics or bargaining power. He also discusses the role of unions and collective bargaining in setting wages and improving working conditions.The final section of the book is devoted to profits and the factors that influence the profitability of a business. Gantt argues that profits are essential for the long-term success of a business, but that they should be earned through fair and ethical practices. He also discusses the importance of cost accounting and management in ensuring that a business operates efficiently and effectively.Overall, ""Work, Wages, and Profits"" is a valuable resource for anyone interested in the history of industrialization and the challenges facing workers and employers in the early 20th century. Gantt's insights and recommendations remain relevant today, and his book provides a fascinating glimpse into the world of work and business in a bygone era.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.