Business & Finance: Bonuses

That sweetening of labor which is a salary bonus sifted unexpectedly and in unusual ways upon three working groups last week. In Manhattan, each employe of the First National Bank discovered one morning a novel mid-year gift, an unexpected bonus equal to his entire year's salary. At the end of a year every bank employe expects some kind of bonus. It is his wage gamble against usually meagre salaries. This bonus was different. It was the personal gift of the bank's board chairman, George Fisher Baker, to 148 clerks and junior officers. It approximated...

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