TIME
President Arthur R. Clapham of Johnson & Johnson (“Red Cross” medical supplies) last week announced a $250,000 Christmas bonus (5% of 1938 salaries) for 2,700 of the company’s employes. Other bonuses declared last week: $100,000 (one week’s wages) for International Silver Co.’s 4,350 employes; $40,000 for Eastern Air Lines’ 800 employes earning under $300 a month.
More Must-Reads From TIME
- The 100 Most Influential People of 2024
- How Far Trump Would Go
- Scenes From Pro-Palestinian Encampments Across U.S. Universities
- Saving Seconds Is Better Than Hours
- Why Your Breakfast Should Start with a Vegetable
- 6 Compliments That Land Every Time
- Welcome to the Golden Age of Ryan Gosling
- Want Weekly Recs on What to Watch, Read, and More? Sign Up for Worth Your Time
Contact us at letters@time.com