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.
For more coverage from the Automotive News archives, click here.
This report appeared in Automotive News, a Detroit-based sister publication of Tire Business.
When is the last time you attended one of the national tire industry trade shows, such as SEMA, ITEC or the North American Tire & Retread Expo?
|I try and take in at least one show a year.||
|I usually attend one every few years.||
|There are so many tire maker and distributor meetings each year, I don’t see a need to attend one of the national shows.||
|I don’t find value in these shows and haven’t been to one in years.||
|I’d like to but I am too busy||