The Ford Motor Company announces an eight-hour workday and minimum daily wage of $5 in salary plus bonuses.

The Ford Motor Company is an American multinational automobile manufacturer headquartered in Dearborn, Michigan, United States. It was founded by Henry Ford and incorporated on June 16, 1903. The company sells automobiles and commercial vehicles under the Ford brand, and luxury cars under its Lincoln brand. The company is listed on the New York Stock Exchange under the single-letter ticker symbol F and is controlled by the Ford family. They have minority ownership but a plurality of the voting power.

The eight-hour day movement was a social movement that appeared in various countries to regulate the length of a working day. The goal was preventing excesses and abuses of working time.

January 5 is the fifth day of the year in the Gregorian calendar; 360 days remain until the end of the year.