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January 5, 1914 Ford paid workers $5 a day and production soared
111 years ago today, on January 5th, 1914 (December 10th, 1913 in the lunar calendar), Ford paid workers a daily salary of $5, and its output soared. January 5, 1914. Henry Ford surprised the corporate world today by announcing that he would pay workers a minimum of $5 a day and share of $10 million in the previous year's profits. The auto giant also revealed that Ford Motor Company will change the current working system of two shifts, each of which is nine hours, and will implement the working system of day and night, three shifts, each of which is eight hours. This will provide employment opportunities for several thousand more people. Another aspect of this new plan stipulates that no one will be fired unless it is proved that he is disloyal or inefficient. Anyone who doesn't work well in one department can be given the opportunity to work well in another department. About 10% of workers, mostly women and children, will not receive any dividends. However, all workers will get a minimum of $5, even children who sweep the floors. This high-profile action will affect 26,000 employees, of whom about 5,000 are now working in the Detroit factory, while others work in Ford branches around the world. The company's financial statements in 1914 showed more than $35 million in assets and a surplus of more than $280,000. Announcing the new plan today, a Ford representative said, "We believe that social justice begins at home. We want those who helped us produce this great system and are helping to keep it alive to share our results with us.


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17WorldNews[2025.09.28-07:45] 访问:88
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