Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

graywarrior

(59,440 posts)
Fri Sep 12, 2014, 01:52 PM Sep 2014

That does it, I'm getting a job at Market Basket








{snip} Comments from Artie T

“We keep it as simple as possible for people,” he said. “We keep costs low and quality high. We keep the stores clean and offer service with a smile. And if at the end of the day you have some success, then you share that with the associates.”

In the wake of his agreement to buy Market Basket, many specialists have questioned whether the company will be able to maintain an employee profit sharing plan that costs tens of millions of dollars a year.

But Demoulas described his commitment to the plan as “unwavering.” He recounted a recent retirement party at which all four departing employees left the company with large nest eggs. Two store directors had more than $1 million; a produce supervisor had $800,000; and a truck driver was leaving with more than $700,000.

http://www.bostonglobe.com/business/2014/09/11/after-epic-market-basket-battle-arthur-demoulas-happy-just-being-grocer/Iqd3AyAX6qh36fhldPOyPN/story.html
9 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
That does it, I'm getting a job at Market Basket (Original Post) graywarrior Sep 2014 OP
More of this and we get a stronger middle class, benefits, and a stronger more sustainable economy. NYC_SKP Sep 2014 #1
Market Basket also gives $1000 scholarship per semester to students that work for them. graywarrior Sep 2014 #2
I wanna work in produce, too! NYC_SKP Sep 2014 #3
MB doesn't have those. graywarrior Sep 2014 #4
Yum! NYC_SKP Sep 2014 #5
Because of the... onyourleft Sep 2014 #6
I wish graywarrior Sep 2014 #7
This is the way a business should be run A Little Weird Sep 2014 #8
This is what the Democratic Party should stand for. Too bad it doesn't. liberal_at_heart Sep 2014 #9
 

NYC_SKP

(68,644 posts)
1. More of this and we get a stronger middle class, benefits, and a stronger more sustainable economy.
Fri Sep 12, 2014, 02:00 PM
Sep 2014

I'm trying to remember a business that was saved by an employee buyout plan a few years ago but draw a blank.

There is Publix, among the top 100 businesses to work for: http://en.wikipedia.org/wiki/Publix

And other examples, I wish I could name them!

graywarrior

(59,440 posts)
2. Market Basket also gives $1000 scholarship per semester to students that work for them.
Fri Sep 12, 2014, 03:01 PM
Sep 2014

I want to stock bananas....lol

 

NYC_SKP

(68,644 posts)
3. I wanna work in produce, too!
Fri Sep 12, 2014, 03:14 PM
Sep 2014

Especially if they have those thunder and rain sound effects when the water sprayers come on!

graywarrior

(59,440 posts)
4. MB doesn't have those.
Fri Sep 12, 2014, 03:16 PM
Sep 2014

Apparently, it makes the produce weigh more coz they're wet. MB is all about saving money for customers. On second thought, I want to work in the bulk candy aisle. I'm addicted to their toffees.

onyourleft

(726 posts)
6. Because of the...
Fri Sep 12, 2014, 04:18 PM
Sep 2014

...excellent posting during the strike, I thought you probably already worked for Market Basket.

A Little Weird

(1,754 posts)
8. This is the way a business should be run
Sat Sep 13, 2014, 12:03 AM
Sep 2014

A successful company should benefit all employees and not just those at the very top. I am glad we have at least a few of these places left.

Latest Discussions»General Discussion»That does it, I'm getting...