Even Henry Ford had enough brains to pay his employees well:   $5.00 a day, which was damned high wages at the time. Other industrialists had a fit when he did this—thought he was setting a horrible precedent—but Ford was smart enough to want his employees to have enough money to be able to buy the cars they were building.

Gotta hand it to Hank F. He might have been a pluperfect SOB, but he was anything but stupid. Would that the same could be said for many of the CEOs kicking around now.

For several reasons, paying good wages is just good business.

Don Firth