Menard's contract threatens managers with 60% pay cut if union forms on their watch [View all]
It's no secret that John Menard is opposed to unions. But the Progressive magazine has obtained a copy of a contract agreement between Menard's home-improvement store chain and managers that enshrines the billionaire's anti-union stance in company policy.
The Progressive published a story Tuesday with wording from the contract that threatens Menards store managers with a 60-percent pay cut if they allow employees to vote in a union.
Here's the actual wording of the provision:
The Managers income shall be automatically reduced by sixty percent (60%) of what it would have been if a union of any type is recognized within your particular operation during the term of this Agreement. If a union wins an election during this time, your income will automatically be reduced by sixty percent (60%).
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