Arrow-right Camera
The Spokesman-Review Newspaper

The Spokesman-Review Newspaper The Spokesman-Review

Spokane, Washington  Est. May 19, 1883
Rain 33° Rain

Huckleberries Online

Twin Falls Chobani employees to get ownership stake

The 2,000 full-time employees of Chobani were handed quite the surprise Tuesday: an ownership stake in the yogurt company that could make some of them millionaires. Hamdi Ulukaya, the Turkish immigrant who founded Chobani in 2005, told workers at the company’s plant in upstate New York that he would be giving them shares worth up to 10 percent of the company when it goes public or is sold. The goal, he said, is to pass along the wealth they have helped build in the decade since the company started. Chobani is now widely considered to be worth several billion dollars. Ulukaya will visit Chobani’s 3 1/2-year-old Twin Falls yogurt plant Thursday to share the news with the 1,000 full-time workers there. They earn an average wage of nearly $15 an hour, with health care and retirement benefits. /Stephanie Strom, New York City News Service. More here.

Question: What's the best bonus an employer has given to you?


Read more here: http://www.idahostatesman.com/news/business/companies/article74028317.html#storylink=cpy

 


Read more here: http://www.idahostatesman.com/news/business/companies/article74028317.html#storylink=cpy


Huckleberries Online

D.F. Oliveria started Huckleberries Online on Feb. 16, 2004. Oliveria's Sunday print Huckleberries is a past winner of the national Herb Caen Memorial Column contest.