H-E-B announces major ownership change, employee bonus

H-E-B employees will learn, beginning on Monday, about new benefits that will include stock and cash awards at the grocery company.
1. The benefits start with $100 in cash to be given to all H-E-B employees in Texas. The cash will be paid in about two weeks in celebration of the company’s 110th anniversary, H-E-B President and Chief Operating Officer Craig Boyan said.
2. On Jan. 1, H-E-B will award stock grants equal to 3 percent of an employee’s pay to 55,000 eligible employees. The plan is to build employee ownership up to 15 percent stake.
3. To be eligible for the stock grant, an employee must be at least 21 years old and meet qualifications based on work history.
4. Eligible partners will get $100 in stock value for each year of continuous service completed by the end of 2015.
5. Employees won’t have to put any money to be eligible for the stock grant.

4 comments for “H-E-B announces major ownership change, employee bonus

  1. Joe Rubio 956-536-6515
    November 5, 2015 at 3:29 am

    Ah la shingada, HEB is spreading their wealth. While Wal-Mart has a bull shit pay raise for some employees. Looks like President Obama did his job—-again—- in spreading out an idea that people cannot live on $7.35 an hour.

    • President E. Howard
      November 5, 2015 at 6:46 pm

      Good job HEB! But what kind of fool believes the minimum wage is a living wage?

    • jjr
      November 5, 2015 at 11:17 pm

      There you go again,supporting the liar in chief,you lose credibility every time you do that. OhNONO is just as crooked as the one you call “Goober” so don’t be a hypocrite now.

  2. Harlingen Watchman
    November 6, 2015 at 10:21 am

    They must know.. that Kroger is scouting the area.

Comments are closed.