- Great American Business Leaders of the Twentieth Century
James F. Lincoln
Lincoln Electric Company
1928 - 1954
Fabricated Goods
b. 1883
| Personal | |
|---|---|
| Born-Died | 1883 - 1965 |
| Birthplace | Ohio (OH) |
| Race | White |
| Father | Non-Profit / Other |
Lincoln, as president of the world’s largest producer of welding equipment, pioneered the incentive wage system. Lincoln’s “Incentive System” rewarded workers according to their productive capacity and made the company the lowest cost producer in its field. Its employees were the highest paid industrial workers in the world.