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Henry Ford - sharing
the Ford profits
Page entitled : Henry
Ford's profit sharing plans
Content of this page is about :
How Henry Ford shared his profits paying out large dividends, raising the
minimum wage at Ford's to $5 ad day and through $50 customer refunds
Extract :
... the Ford Motor Company launched a social bomb when it announced a plan
to immediately raise (minimum) wages to $5 per day. If anybody then still
ignored who was Henry Ford, he was told at once, by the myriad of newspapers
who rehearsed the story all over the United States and around the world. The
next day, ...
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