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[WORLDKINGS] On this day - January 5, 2023 - Marks 109 years of Ford Motor Company initiating an 8-hour working day and rewarding after the base salary

04-01-2023

(WorldKings.org) Henry Ford - owner of Ford Motor Company has very special ideas about relations with workers. On January 5, 1914 Ford announced his $5-a-day program. The program calls for reducing working hours from 9 to 8 hours and raising the minimum daily wage from $2.34 to $5 for skilled workers. In addition, he also has an employee retention policy by giving a bonus to those who have been with them for more than 6 months.

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