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On Jan. 25, Leominster Credit Union announced it would provide all of its employees with a $600 bonus payment, calling them stimulus checks, in referencing to the national conversation about financial relief for all Americans.
“We know that many individuals have faced struggles and challenges over the past year, in light of COVID-19, and we wanted to assist and support our employees as they continue to navigate through these unprecedented times,” President and CEO Barbara Mahoney said in a press release, announcing the initiative.
Bonuses are frequently tied to company and/or employee performance, whereas these payments were framed as a way to support and bolster both employees and the local economy.
On Jan. 25, Leominster Credit Union announced it would provide all of its employees with a $600 bonus payment, calling them stimulus checks, in referencing to the national conversation about financial relief for all Americans.
“We know that many individuals have faced struggles and challenges over the past year, in light of COVID-19, and we wanted to assist and support our employees as they continue to navigate through these unprecedented times,” President and CEO Barbara Mahoney said in a press release, announcing the initiative.
Bonuses are frequently tied to company and/or employee performance, whereas these payments were framed as a way to support and bolster both employees and the local economy.
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Worcester Business Journal provides the top coverage of news, trends, data, politics and personalities of the Central Mass business community. Get the news and information you need from the award-winning writers at WBJ. Don’t miss out - subscribe today.
Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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The employees at LCU are probably working extra long hours processing PPP Loans and exposing themselves to the virus in a crowded office environment. I don't see why it's ridiculous. LCU sounds like a caring employer.