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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 (Classic Reprint) - Softcover

 
9781330473757: 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 (Classic Reprint)

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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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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.

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  • PublisherForgotten Books
  • Publication date2020
  • ISBN 10 1330473752
  • ISBN 13 9781330473757
  • BindingPaperback
  • LanguageEnglish
  • Number of pages40

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9780656123483: 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 (Classic Reprint)

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ISBN 10:  0656123486 ISBN 13:  9780656123483
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Paperback. Condition: New. 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. print-on-demand item. Seller Inventory # 9781330473757_0

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