Henry Ford：My Life and Work, Additional Excerpt 186

A man was first to be paid his just wages--which were then on an average of about fifteen per cent. above the usual market wage. He was then eligible to a certain profit. His wages plus his profit were calculated to give a minimum daily income of five dollars. The profit sharing rate was divided on an hour basis and was credited to the hourly wage rate, so as to give those receiving the lowest hourly rate the largest proportion of profits. It was paid every two weeks with the wages. For example, a man who received thirty-four cents an hour had a profit rate of twenty-eight and one half cents an hour--which would give him a daily income of five dollars. A man receiving fifty-four cents an hour would have a profit rate of twenty-one cents an hour--which would give him a daily income of six dollars.

Source： https://www.gutenberg.org/ebooks/7213
Locator：Additional excerpt 186 · Verified：2026-10-19 · Verification：Short excerpt

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