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No Layoffs at Lincoln Electric

Tuesday, March 2, 2010 at 9:00 am
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This recession has been a doozy so-far, but some companies have survived without layoffs. There's one local company has managed to do that and give year-end bonuses to blue-collar workers of more than $28,000. That's not the most interesting part: this company hasn't had a layoff since it guaranteed continuous employment in 1958. On the next Sound of Ideas, the author of the new book about Lincoln Electric's unusual--and unusually successful--employment guarantee. That's Tuesday morning at 9 on 90.3.


Frank Koller, author Spark
John Stropki, CEO, Lincoln Electric
Joe Latessa, Sr., Lincoln Electric retiree
Frank Navratil, PhD, professor Economics & Finance, John Carroll University

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