Thursday, September 04, 2014

Workers Risk Their Own Jobs and Retirement to Save Their Boss by Robert R. Odle, Ph.D.

Market Basket Fires Arthur T as CEO

Market Basket Workers Revolt

Ok, it doesn't get any better than this. ... Arthur T. treated his workers at Market Basket grocery well.  Most of his workers stayed for 20 years or more because he paid them well, gave them good benefits, and a good retirement.  Some of the rest of the family didn't think it was such a good idea to waste so much money on workers.  In their opinion, he was leaving too much money on the table that could go into their greedy pockets instead.  So they fired his ass and put in a new CEO.

The Babyboomers started a work slow down and truck drivers stopped delivering produce.  The new CEO started firing their asses.  The Babyboomers started having rallies and signing pledges to only work for Arthur T.  The story chain started losing $10 million a day.  Management doubled down with firings and workers doubled down.  Management folded, Arthur T. raised money to get majority interest in the chain.

Arthur T. is back.  The store has lost customers and has more debt, but the workers and their beloved boss is united in trying to bring it back to life.

What a god damn great story.   Its been decades since I have seen even a whiff of company or worker loyalty in America.  My dad worked in the same garage for 20 years for $100 a week until he died.  His boss paid him for his last year of work after he had a heart attack and was laid up in bed.  Of course, my dad tried to go back to work since he didn't qualify for disability, and well, his ticker wasn't up to challenge.  The boss would come every week and visit him in bed and then hand a paycheck to my mom.  Nevermind the check was too little and the boss was a womanizer that my dad's hard work and loyalty helped pay for.  But, there was a bond in the old days between a man and his company.  And, such relationships were not casually thrown away on either side.

Arthur T. my hats off to you.  Most workers these days wouldn't know the CEO of their company if he walked right up to them and kicked them in the butt.  And, that is what most workers in America would expect out of their CEO.  But, Arthur T., your workers love you and they are willing to lose their jobs to get you hired back as their CEO.  Wow, wow, wow.  Hats off to you, MR. Arthur T.  I would love to meet you and shake your hand.  Thank you for all Americans.  I wish more CEO's were like you ... I can't imagine how great this country could be with more people like you in charge.  Thank you.  (tears).

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