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Evolution Of Ford Motor Company
Start of Term Paper
The Ford Motor Company led what has been called a revolution. Henry Ford restructured everything from the salaries of employees to the work ethic they demonstrated. He did numerous things that were considered absurd and unrealistic at the ti .... Middle of Term Paper
... in no way parsimonious. His salaries did not often exceed the going rate of about $1.90 for Model T production workers for a ten-hour day in 1908. The average salary for production workers increased to around $2.50 by 1913 with a minimum of just $2.34. In October of 1913 a man named John R. Lee, recruited from the Kiem Mills to reform the company’s wage structure, developed an ingenious job-ladder system.
This innovative system allowed increased wages for the upper crust portion of the working core. These elite workers had incentives to work their way from the $2.34 minimum to over $4.00 a day. This was a wage increase of 13%! This sy ... |
| Number of Words: 740 |
Approximate Pages: 3 |
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