BRITISH EMPLOYES SHARE FORD PROFITS
|Topics: Ford Motor Company
The New York Times
April 18, 1914
American Manufacturer Announces the Transplanting of His Plan.
HE SETS $250,000 ASIDE
From This Sum Wages of $15 a Week Will Be Paid to Men 22 Years Old and Upward.
Special Cable to The New York Times.
LONDON, April 17.—It was officially announced to-day that the Ford Motor Company had decided to extend its profit-sharing scheme to employes in Manchester and London and that $250,000 had been set aside for the benefit of employes during the current year.
Working hours will be reduced from fifty to forty-eight per week in the works and offices at Old Trafford and in the showrooms in London. The earnings of all male employes 22 years of age and upward will be 30 cents an hour, equal to $15 a week, provided their mode of life is deemed satisfactory.
An official notice issued to the workers says:
"As and when employees are passed as eligible the payment of participation in the profits will be added to their wages and paid weekly."
Employes below the age of 22 who are the sole support of their families will be included with their older fellow-workers in the full benefits of profit-sharing.
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