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Evolution Of Ford Motor Company

Part I of Essay
The Ford Motor Company led what has been called a revolution. Henry Ford restructured everything from the salaries of employees to the work ethic they demonstrated. He did numerous things that were considered absurd and unrealistic at the time. This included the introdu ....

Part II of Essay
.... to around $2.50 by 1913 with a minimum of just $2.34. In October of 1913 a man named John R. Lee, recruited from the Kiem Mills to reform the company’s wage structure, developed an ingenious job-ladder system. This innovative system allowed increased wages for the upper crust portion of the working core. These elite workers had incentives to work their way from the $2.34 minimum to over $4.00 a day. This was a wage increase of 13%! This system was developed to increase labor turnover and create a more stable and committed workforce. Thi ....

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Words: 740 - Pages: 3


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