Magid Glove & Safety, Romeoville, Illinois, has been offering its employees a gas subsidy program to aid employees as gas prices continue to rise. The $50,000 program offers about $1 per gallon subsidy for every employee’s commute to Magid and to on-site customer visits.
“The one thing I love about Magid is that when the road gets tough, everyone is willing to pitch in to turn things around,” says Greg Cohen, Magid CEO. “It seems the rising gas prices may be a challenge for some time. Magid wants to pitch in and do our part to help our employees cover the additional and unexpected costs.”
Employees who participate in the program receive a monthly gas card based on the number of days the employee works and the distance the employee commutes to the office.
In an email to employees announcing the program, Cohen says, “We want to share some of the burden of rising gas prices and while we can’t change the world, we hope to make yours a little better!”
Commuting Magid team members are automatically enrolled in the program as long as they do not drive an electric vehicle or a company car. Magid already offers free charging for electronic cars at its Romeoville headquarters. Currently, Magid employs about 415 people at its Romeoville location and over 80% are participating in the gas subsidy program, which started Feb. 28 and is scheduled to run through May 27.
Read more about Magid Glove & Safety.
