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Magid Leadership Pitches in $50,000 to Help Employees Cover Rising Gas Costs

Magid Glove & Safety has been offering its employees a gas subsidy program to aid employees as gas prices continue to rise. The $50,000 program offers approximately $1.00 per gallon subsidy for every employee’s commute to Magid and/or 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 Magid Chief Executive Officer, Greg Cohen. “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 said, “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 percent are participating in the gas subsidy program, which started Feb. 28 and is scheduled to run through May 27.

“This truly is amazing,” says Gina Butera, Magid supply chain process manager. “The level of support the Cohen family offers employees is beyond any that I’ve seen and will ever see. I’m blessed to have the opportunity to work for this wonderful family business.”

Another employee, Jamie McIntyre, who is a customer experience service manager said, “The entire customer experience team was in complete shock when they found out about this program. We are beyond appreciative. I think everyone can say we are thankful for the Cohen family and our executive leadership team for always looking out for us as employees.”