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Beginning of Paper
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Evolution of Ford Motor Company
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 t ....
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Middle of Paper
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.... and create a more stable and committed workforce.
This wage increase was copiously overshadowed by the increase to $5.00 a day just three 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 the ....
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