Profit-sharing plan for Hubbard staff

[The Luton News: Thursday, September 18th, 1919]

On Saturday the members of the staff of Messrs S. Hubbard, Luton (comprising the chiefs of the departments, together with the clerical staff) invited their Principal to accompany them to Windsor for an outing.

A start was made from the Regent Street works at 12 o'clock in a motor charabanc supplied by Road Motors Ltd, and a halt was made at Bernard's Heath for lunch. Arriving at Windsor at 3 o'clock, a tour was made of the Castle, and an inspection of the State apartments and other places of interest followed.

At six o'clock the company sat down to an excellent dinner at the White Hart Hotel. After the loyal toast the chairman (Mr F. C. Ellingham) proposed the toast of the evening, 'The health of our guests'. In felicitous terms, reference was made to the genial personality of Mr S. Hubbard and his sympathetic interest in and generous treatment of his employees.

The business had been built up to its present extensive bounds by the personal initiative of Mr Hubbard, coupled with the loyalty of the whole of the staff, and Mr Ellingham declared they were proud to be associated with one who, whatever prosperity came to him, ever considered the workers' point of view as one of the supreme-most importance.

Messrs H. Brandon, G. Horn, J. Lasty, F. Austin, J. Jackson and Miss Forsyth added their testimonies to the high esteem in which Mr Hubbard was held, some of the earliest employees recalling the days when the business was started, the long hours of arduous toil, and Mr Hubbard's personal efforts.

The toast was enthusiastically received by the company, and Mr Hubbard was accorded musical honours.

The staff has decided to ask Mr Hubbard to accept a small token of their sincere esteem and deep regard. In asking him to accept a loving cup, said Mr Ellingham, they knew him well enough to believe it would be highly appreciated and would occupy a prominent place in his household.

Nothing could exceed the deep loyalty, esteem and regard which marked this presentation. The staff wished for him and Mrs Hubbard many years of happiness and prosperity, hoped that Miss Hubbard would soon be fully restored to health, and that Master Hubbard should follow in the footsteps of his father. In asking him to accept the cup, he asked him also to interpret the spirit in which it was given, and assured him that this spontaneous expression of regard was touched by the deepest sincerity.

Mr Hubbard, who was evidently taken by surprise, replied that he could assure them the beautiful cup would ever have a most prominent place in his household, and he should ever look upon it as one of the evidences of the happy relations he had cultivated with those who were helping him to conduct his business.

He recalled the early days of hard work and long hours of toil at the commencement of the business. Now, however, it would be obvious that he personally could not embody the administrative and executive powers required by such a large establishment. He was content to administrate; the executive work he must leave in the hands of others.

Mr Hubbard said that in all his business life he striven first to satisfy and please his clients, for on that basis the success of any business was assured. Secondly, he placed the comfort and competence of his employees, and now he desired to inform them that a scheme was in preparation and would be put before them shortly whereby the business would be run upon a co-operative basis, and they would share in the profits they had helped to make.

He was certain that when the detail of the scheme was worked out it would satisfy them. He thanked them most heartily for that gift, which he would prize as long as he lived.