Wiss Employees Share in Profits

The Newark Evening News, July 24, 1968

1968-07-24 Jewelers Employees Share In Profits

More than 60 employes of the Wiss Jewelry Co. participated in the distribution of $7.7 million from the profit sharing plan of the parent company. The Fine Jewelers Guild division of the Zale Corp.

Richard Paul, president of Wiss, said this year's contribution amounted to 11.7 per cent of each employe's annual earnings. In addition, they received 33.18 per cent interest on their balance in the fund.