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by opo
409 days ago
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>Henry Ford famously wanted his workers to be able to afford his cars. Amazing how that bit of PR is still being quoted over 100 years later. In reality, Ford had huge turnover problems with his workers - one estimate is over 370% annual turnover. One way to help prevent turnover is to pay more, and it solved the problem. (Even so, the base pay was still actually $2.30 and to get the extra $2.70 you had to abstain from alcohol, keep your home clean, etc.) https://www.cbsnews.com/detroit/news/henry-ford-implements-5... |
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