Charles M. Schwab Quotes


The Bethlehem profit-sharing system is based on my belief that every man should get exactly what he makes himself worth. This is the only plan I know of which is equally fair to the employers and every class of employee. Someday, I hope, all labor troubles will be solved by such a system.


Citations

Schwab, Charles M. Succeeding with What You Have. The Century Co., 1917, p. 38.

Related Quotes

At the time, the mine owners and operators claimed that they had NO obligations to their workers—not even to ensure a safe mine. There was no OSHA and workers died and were maimed on the job much more frequently than they do today. Many mine owners now accept that they have obligations to the workers, and the rest are required to have responsible and safe working conditions by law and OSHA regulations.


Charles M. Schwab
Charles M. Schwab
  • Born: February 18, 1862
  • Died: September 18, 1939
  • Nationality: American
  • Profession: Engineer, Industrialist, Philanthropist

Charles Michael Schwab was an American steel magnate. Under his leadership, Bethlehem Steel became the second-largest steel maker in the United States, and one of the most important heavy manufacturers in the world.