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by Henry Laurence Gantt (Author)
""Work, Wages, and Profits"" is a book written by Henry Laurence Gantt in 1913 that discusses the principles of scientific management in relation to work, wages, and profits. Gantt was a prominent industrial engineer and management consultant who worked with Frederick Winslow Taylor, the father of scientific management. In this book, Gantt presents his own ideas on how to improve productivity and efficiency in the workplace.The book is divided into three parts. The first part explains the principles of scientific management and how they can be applied to improve work processes. Gantt discusses the importance of standardization, time and motion studies, and the use of incentives to motivate workers.The second part of the book focuses on wages and how they should be determined. Gantt argues that wages should be based on the value of the work performed and not on the worker's personal characteristics or bargaining power. He also advocates for profit sharing as a way to incentivize workers and align their interests with those of the company.The final part of the book explores the relationship between profits and productivity. Gantt argues that profits should be reinvested in the company to improve productivity and increase wages. He also emphasizes the importance of cooperation between management and workers in achieving these goals.Overall, ""Work, Wages, and Profits"" is a seminal work in the field of management and a must-read for anyone interested in the principles of scientific management and their application in the workplace.This scarce antiquarian book is a facsimile reprint of the old original and may contain some imperfections such as library marks and notations. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions, that are true to their original work.
