Crain News Service report
DETROIT (Jan. 8, 2014) — One hundred years ago Henry Ford made a move that angered his peers and changed the nation — he introduced the $5-a-day wage for Ford line workers.
It was about twice the going rate for unskilled labor and helped Ford Motor Co.'s workers to buy their own vehicles, limiting labor turnover and boosting productivity.
The year before, Mr. Ford had incorporated the moving assembly line into his Highland Park, Mich., factory, increasing productivity with a smaller labor force and making his Model T more affordable.
The wage increase was a result of the increased production ability that came with the assembly line, helping to make auto workers the best paid blue-collar employees in the country.
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This report appeared in Automotive News, a Detroit-based sister publication of Tire Business.
How will the Obama administration’s proposed expansion of overtime pay affect your business?
|Not much if at all.||
|It will force me to demote my assistant managers and recalculate pay and benefits scales.||
|It will put me out of business.||
|It’s way too soon to tell.||
|Total votes: 100|