Mar. 27, 2015   25°F   School Closings
Listen Live WCPN / WCLV
Mission 4
Values 1
Values 2
Values 3
Vision 3
Vision 4
Vision 5
Values 4
Values 5
Values 6
Vision 1
Vision 2

Choose a station:

90.3 WCPN
WCLV 104.9

Choose a station:

90.3 WCPN
WCLV 104.9
The Sound of Ideas

No Layoffs at Lincoln Electric

Posted Tuesday, March 2, 2010

Share on Facebook Share Share on Twitter Tweet
Embed Audio Download MP3 Download MP3 Play Video Watch Video

No Layoffs at Lincoln Electric This recession has been a doozy so-far, but some companies have survived without layoffs. There's one local company has managed to do that and give year-end bonuses to blue-collar workers of more than $28,000. That's not the most interesting part: this company hasn't had a layoff since it guaranteed continuous employment in 1958. On the next Sound of Ideas, the author of the new book about Lincoln Electric's unusual--and unusually successful--employment guarantee. That's Tuesday morning at 9 on 90.3.


Economy, Regional Economy/Business - Analysis and Trends


Frank Koller, author Spark
John Stropki, CEO, Lincoln Electric
Joe Latessa, Sr., Lincoln Electric retiree
Frank Navratil, PhD, professor Economics & Finance, John Carroll University

Leave a Comment

Please follow our community discussion rules when composing your comments.

Tom Olson 10:41 AM 3/2/10

Isn’t it amazing that when a company treats WELL the people who create it on a daily basis, they return the favor with productivity? Wow, CEOs of greed out there, take that!

Roanld Czarnecki 11:23 AM 3/2/10

How refreshing to hear of a company that lauds the benefits of piecework.  I worked at Conn Selmer in Elkhart, which for years had piece rate until the last fair contract of 1996 in which workers with 40 years, skilled and talented, lost their jobs to crossovers who lacked those skills.  The company favored lean manufacturing, quota and no questions at company meetings.

The union protects the least employee among the ranks who can not speak for themselves I can see Lincoln Electric already thinks of the least of their employees.


Live Video Stream

Watch the Sound of Ideas live

Watch the Sound of Ideas during the broadcast - view now! Live video stream available during normal broadcast, Mon-Fri, 9-10 AM (EST).


Every weekday at 9:00 AM (EST), The Sound of Ideas reports the news, explains the news, and sometimes makes news. The Cleveland Press Club awarded it “Best Radio Show” in Ohio and thousands daily find it to be an indispensable source of information about what’s most important to Northeast Ohioans.

Interact with The Sound of Ideas

During the show: 216-578-0903 or 866-578-0903
Last Word line: 216-916-6397 or email
Show ideas & comments? Contact Us.

Twitter: @soundofideas


Recently Featured all entries

Air Dates

90.3 WCPN
Weekdays 9:00 AM

The Ohio Channel
Weekdays 9:00 AM

Funding for Ideas & The Sound of Ideas

Funding for Ideas/Sound of Ideas comes from The George Gund Foundation, The Cleveland Foundation, Eaton, the George W. Codrington Charitable Foundation, The Robert O. and Annamae Orr Family Foundation, and the Nord Family Foundation.