The truth about Henry Ford's "Five Dollar Day"

[HiPointDem]

4. it has a showing primarily on academic sites, as business sites like the myth better than the real

history.

http://www.sunypress.edu/p-260-the-five-dollar-day.aspx

More than simply high-wage policy, the Five Dollar Day attempted to solve attitudinal and behavioral problems with an effort to change the worker’s domestic environment. Half of the five dollars represented “wages” and the other half was called “profits”—which the worker received only when he met specific standards of efficiency and home life that accorded with the ideal of an American way of life which the company felt was the basis for industrial efficiency.