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Evolution Of Ford Motor Company

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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 time. This included the introduction of the $5.00 work d ....

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....months later. This pay raise was coupled with a reduction in work hours. Henry Ford replaced the two existing nine-hour shifts with a new nonstop rotation of eight-hour shifts around the clock. The new pay raise was part of a complicated system. The basic pay rate was to remain at $2.34. Workers could then reach a “wage” of $5.00 by earning a “profit-sharing” bonus. Workers could acquire this bonus on their paycheck regularly by meeting a few qualifications. They had to put in at least si....
Number of words: 740 Approximate pages: 3

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