Bruce's History Lessons: Henry Ford’s $5 days

9 January 2012, 9:04 am

On Jan. 5, 1914, Henry Ford, the head of the Ford Motor Co., stunned the business world by announcing that, henceforth, Ford employees would not only share in the car company’s profits, they also would be paid the unheard of sum of $5 a day. That doubled their previous wage.... Read More »

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