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Ducks in a Row: Good Wages are Profitable

by Miki Saxon

https://www.flickr.com/photos/warriorwoman531/9975179525/Henry Ford figured it out in 1914 when he doubled his workers’ daily wage. He did so on the assumption that they would spend the additional money on stuff beyond subsistence needs and he was right — they bought Fords.

Companies today still haven’t learned that lesson and continue to treat workers as disposable, fighting the idea of a living wage and crying that the cost will destroy them.

A column in the Ney York Times led me to this video describing research that proves their thesis wrong.

Flickr credit: Heather Paul
Video credit: Aspen Ideas Festival

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