The Workers Interest in Costing (Classic Reprint)

Name: The Workers Interest in Costing (Classic Reprint)
Author: Mark Webster Jenkinson
ISBN: 9781330473757

Mark Webster Jenkinson

Language: English

Published by Forgotten Books, 2018

1330473752 / 9781330473757

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Print on Demand. This book explores the inherent connection between improving industrial efficiency and the interests of the worker, an idea that had not been considered until the post-World War 1 era. It argues that through cooperation between employer and employee, guided by efficient factory record keeping, the output and quality of production can be greatly increased. When this occurs, the book argues, the worker as well as the employer reaps the benefits of higher profits and wages. The author further suggests that the sharing of data between employers and employees through joint industrial councils will foster mutual respect, understanding, and smoother working conditions. By demonstrating the tangible benefits of increased efficiency and productivity for workers, this book provides a compelling argument for the adoption of scientific management practices within industries. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book.

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Title: The Workers Interest in Costing (Classic Reprint)
Author: Mark Webster Jenkinson
Publisher: Forgotten Books
Publication year: 2018
Condition: New
Book Type: print-on-demand item
Binding: Paperback
Language: English
ISBN 10: 1330473752
ISBN 13: 9781330473757
Seller catalogs: Business

Excerpt from The Workers Interest in Costing: A Factor of Industrial a Paper Ready Before a Conference of the Industrial Reconstruction Council, on Tuesday, 28th January, 1919

Hitherto the possibility that the workers could or should have any interest in factory costs has not received any consideration, which, after all, is not surprising in view of the fact that the value of efficient factory records has been little understood and less appreciated by manufacturers in this country.

Although generally accepted as merely a method of determining the production cost of an article or process in order to fix the selling price, true factory costing actually demands an analysis of the whole of the manufacturing operations; the collection of statistics of production, progress, and idle time; the segregation of productive and non-productive expenditure; the focus in summary form of the manufacturing efficiency of the entire works organisation.

The benefits to be derived from the cost system depend on the extent to which the information obtained is used by the management in the control and administration of the business.

The Whitley Report marks a new era in the science of British industrial organisation. As the days of slavery gave place to the feudal system, in turn followed by an order under which the employer was master and his employees merely servants to do his bidding, so now it is realised that the workers have, and should have, a greater interest in their work than the amount of the wages they arc entitled to draw from week to week in return for their labour.

The lesson of the Whitley Report is that to obtain the best productive results the workers must be taken into the confidence of the management, efficiency and progress being attained by joint co-operation.

The object of such co-operation is, on the part of the employer, to further the interests of his business; on the part of the worker to obtain better conditions of work and higher remuneration for his services: on the part of both to promote the industrial efficiency of the nation.

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Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

"Synopsis" may belong to another edition of this title.

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Forgotten Books’ Classic Reprint Series utilizes the latest technology to regenerate facsimiles of historically important writings. Careful attention has been made to accurately preserve the original format of each page whilst digitally enhancing the quality of the aged text.

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Forgotten Books publishes hundreds of thousands of rare and classic books.

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

This text has been digitally restored from a historical edition. Some errors may persist, however we consider it worth publishing due to the work's historical value.

The digital edition of all books may be viewed before purchase if you request a sample.

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