Career · Entrepreneur memoirs

Henry Ford:My Life and Work, Additional Excerpt 180

Henry Ford《My Life and Work》· My Life and Work · Leadership

It took us some time to get our bearings on wages, and it was not until we had gone thoroughly into production on "Model T," that it was possible to figure out what wages ought to be. Before then we had had some profit sharing. We had at the end of each year, for some years past, divided a percentage of our earnings with the employees. For instance, as long ago as 1909 we distributed eighty thousand dollars on the basis of years of service. A one-year man received 5 per cent. of his year's wages; a two-year man, 7-1/2 per cent., and a three-year man, 10 per cent. The objection to that plan was that it had no direct connection with the day's work. A man did not get his share until long after his work was done and then it came to him almost in the way of a present. It is always unfortunate to have wages tinged with charity.

Source: https://www.gutenberg.org/ebooks/7213
Locator:Additional excerpt 180 · Verified:2026-10-19 · Verification:Short excerpt

Today's question

What does this passage say about how you work today?

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