WAGES & SALARIES: Jingle Bells

Are Christmas bonuses to employees subject to collective bargaining? Yes, ruled the National Labor Relations Board last week, ordering Niles-Bement-Pond Co., of West Hartford, Conn., to bonus-bargain with a local of the C.I.O. United Automobile Workers. The company, which has paid a bonus for twelve years, had cut the total from $108,000 in 1949 to $40,000 in 1950, when it started a new and more expensive pension plan.

Said NLRB's majority opinion: "The issue this case is whether the bonus . . . was a gift, as the company argues, or part of 'wages' within the meaning of the [Taft-Hartley]...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!