§ 35. Lieut.-Commander BOWERasked the Minister of Labour if he will state 1021 the number of public companies and firms, other than co-operative societies, which have in operation schemes for the participation of employés in profits and the number of employés participating therein?
§ The PARLIAMENTARY SECRETARY to the MINISTRY of LABOUR (Mr. R. S. Hudson)At the end of 1932, the latest date for which statistics are available, 293 public companies and firms, other than co-operative societies, were known to have in operation schemes for the participation of employés, on a defined basis, in the profits of the undertakings concerned. About 185,000 employés were participating in these schemes. These figures and other statistics relating to profit-sharing were published in the "Ministry of Labour Gazette" for June, 1933.