WARROAD, Minn (KFGO) – Marvin announced $12.5 million in 2022 profit-sharing with its over 7,000 employees.
This is the 65th year the company has shared profits with employees and this year the profit-sharing is combined with two other programs to promote employee wellness – “Better Living Week” and “Well-Being Your Way.”
From Dec. 26-30, the company will close for “Better Living Week.” Marvin said it is to give employees an opportunity to “rest, reset and recharge.”
The “Well-Being Your Way” program gives employees reimbursement for up to $300 per year for anything that supports their well-being.
“From a plane ticket to see friends or family to a meal service to help with dinner, booking fitness classes and more, the program is designed to help cover the cost of whatever helps employees spend more time doing the things they love,” Marvin said in a release.
“As a fourth-generation, family-owned and -led company, we view our employees as a part of our family – and we think it is imperative to treat them as such,” CEO Paul Marvin said. “This year, in addition to profit-sharing, we have worked to expand our benefits program to provide employees with the perks that they find meaningful and will use the most.”
Marvin has 7,062 employees. The company said over the last 65 years, it has shared more than $375 million with employees.
