Business · 2
In what year did Henry Ford introduce his landmark policy of paying factory workers $5 for a day's work?
Answer
1914
Henry Ford announced the $5 workday in January 1914, roughly doubling the standard wage to curb high turnover and improve productivity at his plants.
💡 Did you know?
Henry Ford paid workers $5 daily (1914)—double the standard wage—not primarily for charity, but to reduce turnover and increase productivity.
Other options people guess
- 1908
- 1921
- 1929
Topics
- henry-ford
- wages
- 1910s
- labor-history
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