If you only employ 1% of the workers and you pay an extra $50/mo, the rest of th...

		philwelch on March 16, 2020 \| parent \| context \| favorite \| on: The story of Henry Ford's $5 a day wages: not what... If you only employ 1% of the workers and you pay an extra $50/mo, the rest of the market isn’t necessarily going to keep up with you. You’re probably just gonna end up hiring the top 1%. (Which also had a lot to do with Ford’s success, to be fair!)