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Sunday, March 17, 2013

TIL that in 1914, Henry Ford doubled the daily wage for his factory workers (from $2.40 to $5, about $114 today) while cutting their daily work hours from nine to eight. The company didn't go bankrupt but instead grew into the greatest money-making machine of the era.

TIL that in 1914, Henry Ford doubled the daily wage for his factory workers (from $2.40 to $5, about $114 today) while cutting their daily work hours from nine to eight. The company didn't go bankrupt but instead grew into the greatest money-making machine of the era.
REDDIT TOP NEWS | MARCH 16, 2013
http://pulse.me/s/jyZSq


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