Lincoln Electric Co, of Cleveland paid its 2,405 employees an average of $17,380.78 (U.S.) each as a cash bonus for 1985. The annual bonus—an incentive plan instituted by the company 52 years ago—usually equals almost 98 per cent of the employees' wages; in 1984 the bonus represented about 10 per cent of the company's annual profit. The non-union workforce owns 40 per cent of the company's shares, and although they must be willing to be flexible, employees are guaranteed at least 30 hours of work per week.
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