Ford 5 Per Day Wage Case Study

The believed reasoning behind Ford’s $5 per day wage policy was that he realized that he should pay his workers sufficiently large sums to that they could afford the products they were making – so that the workers can be the company’s best customers. The workers that got more pay needed to keep healthy and neat lifestyles and if they were younger than twenty-two they must be married – this allowed for healthy habits of workers at both the home and the workplace. Ford’s $5.00-a-day policy helped the company achieve record profits. Some negative results came from competitors who thought the $5 daily wage was that they claimed that Ford just did this in order to get his workers to work harder and he used this as a bribe – whether it was a bribe