Jones made the decision to operate his new enterprise in accord with some of the emerging ideas about workplace reform. Whereas the prevailing wage in the depressed local economy stood at $1.00 to $1.50 a day, Jones paid his employees a living wage of $1.50 to $2.00 a day. Jones implemented the 8-hour day for his workers and offered them paid vacation, revenue-sharing, and subsidized meals in a company cafeteria. Jones also contributed to workplace culture by paying for instruments for employees so that they could form a company band. Instead of a lengthy list of company regulations governing employee behavior, Acme Sucker Rod posted only one rule on the company notice board: "The golden rule: Do unto others as you would do unto yourself."