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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 day, and with this the desire to control .... Middle of paper
.... 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 system was developed to increase labor turnover and create a more stable and committed workforce.
This wage increase was copiously overs ....
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Number of words: 740
Number of pages: 3 (approx. 250 words per double-spaced page)
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