Corporate Responsibility: 80 years of profit sharing, 65 years of no layoffs.

[cbelt3]

Lemon Drop wrote:
that's an admirable record, but this company does not pay health benefits, correct? employees are expected to pay them out of the bonus? So in the wake of Obamacare now that they have to provide this benefit will they take it out of the bonus?

And do they allow unions or has it ever been attempted?

Healthcare: The company provides health benefits that comply with Affordable Care Act. Benefits are paid for out of the bonus, pre-tax dollars. Employees are allowed to seek their own healthcare in 2014 if they wish. Employees under spouse's or parent's plans must provide proof of the plan and are then exempt.

Unions: US companies have no say in whether an union is 'allowed' or not. But none of the US operations are unionized. Attempts are made every decade or so, but fail. Some non US plants are unionized, as far as I know. (Europe, I think....). Systems differ outside the US, and the bonus and guaranteed employment clauses do not apply in all cases.