Henry Ford: Customers Paying Wages
on Thursday, October 14, 2010Henry Ford Money Quotation saying buyers of goods are those who pay workers their wages, but employers handle the cash. Henry Ford said:
“It is not the employer who pays the wages. Employers only handle the money. It is the customer who pays the wages” — Henry Ford
In this quote, Henry Ford is explaining his view that customers, not employers, are ultimately responsible for paying workers’ wages. He argues that while employers directly handle and distribute wage money, it is the paying customers whose purchases generate the revenue for businesses to afford employee salaries.
Ford appears to believe that a company’s ability to pay its workers depends on satisfying customers and earning their continued patronage. The quote conveys Ford’s philosophy that a business’s top priority should be serving customers well in order to maintain the income stream needed to compensate employees over the long run.
Overall, he aims to emphasize the interconnected relationship between customers, employers and workers in the economic system.
Birthday: July 30, 1863 – Death: April 7, 1947