And this will remind us all how just how good some people can be
Because I really do believe that the more love you give away - the more love grows inside you.
Meet Mr. Leuken
Employees in a small Minnesota town are getting quite a holiday bonus this year.
Joe Lueken of Bemidji, Minn, a successful local grocer who is planning his retirement, has decided to give his company to his employees rather than sell the small business to bigger buyers, the Star Tribune reports. Through an Employee Stock Ownership Program (ESOP), the 400 employees of Lueken's Village Foods will become the new owners at the start of 2013, despite offers from large independent chains.
"My employees are largely responsible for any success I've had, and they deserve to get some of the benefits of that," Lueken told the Tribune. "You can't always take. You also have to give back."
An ESOP is a stock equity plan that enables employees to acquire ownership in a company. The employees form a trust, which then purchases shares of the company. Employees generally contribute to the trust through payroll deductions.
In Lueken's case, however, he won't require his employees to pay anything for their shares, effectively giving the company to the employees for free.
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thank you Mr. Leuken - we need stories like this more often - you remind us that it really is a Wonderful World
( and that it's filled with wonderful people )
and once more for good measure -
"My employees are largely responsible for any success I've had, and they deserve to get some of the benefits of that," Lueken told the Tribune. "You can't always take. You also have to give back."
Indeed, words to live by, if I had the chance to meet you I would
