ASARCO and Employee Welfare

“ASARCO’s life insurance plan has registered a record of which any corporation may well be proud. Not only was the Company one of the first large industrial organizations to appreciate the value of Group Life Insurance as an incentive to improved employee relations, but it has consistently over the years extended the program to meet [...]

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“ASARCO builds men as well as houses in Mexico.”

From Metal Magic: The Story of the American Smelting and Refining Company by Isaac F. Marcosson, 1949.  In his book, Marcosson discusses humanizing employee relations, “The workers’ colony at Chihuahua is an example of how the Company has contributed to communal life.  The 1,500 workers live in a neat and orderly compound with well-kept streets.  [...]

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