Evening Republican, Volume 20, Number 306, Rensselaer, Jasper County, 26 December 1916 — American Express Company Shares Earnings With Its Employes. [ARTICLE]

American Express Company Shares Earnings With Its Employes.

George C. Taylor, president of the American Express Company, announced recently that all employes in the service of the company for one year or more who receive a salary of ! >2OOO per year or less, would • be awarded a bonus of an extra month’s salary in recognition of their excelent service to the company, and to he public, during the past year. This bonus will be payable in quarterly instalments on the Ist of January, April, July and October, and these employes who have not been in the company’s service a full year will receive subsequent instalments as their twelve months* period is completed.

It is estimated that about 12,000 employes will share in this ibonus, and the total amount involved will be about $1,250,000. Our efficient expressman, Frank Tobias, is affected by this announcement and his bonus, a month's pay, will be given him as indicated. Mr. Tobias has had charge of the here since Dec. 1, 1015. He took hold of the work when everything was very badly disorganized but has been able to straighten out thing® and the service here under him has been first class. Each months during his term of service the office has shown a suostantiai increase in business' except the month of December. The parcel post and express business have not been quite so heavy this s month as the corresponding month last year. The American Express Company does a larg% annual business out of here, the receipts of the office amounting to nearly $20,000. Besides being an efficient official Mr. Tobias ie universally courteous and obliging. The patrons of the company here are well served and all extend to Mr. Tobias hearty congratulations.