3 ms·
IIRC Ford essentially doubled average pay to encourage more workers to keep coming to his factory. Essentially for working 6 months, you could take 6 months off
by electromagnetic 16y ago
IIRC Ford essentially doubled average pay to encourage more workers to keep coming to his factory. Essentially for working 6 months, you could take 6 months off and make the same yearly as you had at another job. He then, around a decade later IIRC, dropped it to a 40-hour week, which then killed turnover. He had a near permanent staff, making great wages for reduced hours.