Geiger Reports $1.9 Million in Profit Sharing and Sales Bonuses
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Each employee associate chooses how much of profit-sharing incentive to take in cash and how much to invested in the firm’s 401(k) plan. To encourage saving, the company adds a 25 percent match to those savings. “Geiger has had a profit-sharing and bonus program in place since 1955. Sharing profits has been a part of our culture for over 50 years,” said Gene Geiger, president and CEO.
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