Skip to content

Magid Leadership Has Pitched in Over $100,000 to Help Employees Cover Rising Gas Costs Through Gas Subsidy Program

While gas prices are beginning to decline, Illinois witnessed record-high gas prices averaging over five dollars a gallon this summer. Back in May, the leadership team at Magid, a national PPE manufacturer & distributor, implemented a $50,000 gas subsidy program to help aid employees. After receiving positive feedback and seeing that gas prices had not dropped, the company continued this program and has now pitched in over $100,000.

“The one thing I love about Magid is that when the road gets tough everyone is willing to pitch in to turn things around,” said Greg Cohen, chief executive officer, Magid. “Rising gas prices were a significant challenge for many. So, we wanted to pitch in and do our part to help cover the burden and unexpected costs this put on our team members. Our people make all the difference at Magid and this was one way for us to show our appreciation.

The Magid gas subsidy program offered employees a $1.00 per gallon subsidy from May through September for their commute to Magid and/or to onsite customer visits. There were no requirements to be a part of the gas subsidy program. All employees were automatically enrolled so long as they did not drive an electric vehicle as Magid’s Romeoville headquarters already offers free charging for electronic cars. Currently, Magid employs over 500 people at its Romeoville location.

For more information, visit https://www.magidglove.com.

Share on Socials!

Related Articles

Related Articles

CLARK Material Handling Company Partners with Sunlight Batteries USA to Market Motive-Power Line

CLARK Material Handling Company, a top-ten global manufacturer of forklift trucks and spare parts, has partnered with Sunlight Group to provide our CLARK dealers with an ...
Read More

Nightstick Has a Helmet Light for Every Brand and Style of Helmet

Nightstick, a global manufacturer of innovative, professional portable, safety-rated LED lighting has created multiple mounting options for a wide range of intrinsically safe and non-rated helmet ...
Read More

SW Safety Solutions Expands US Service

SW Safety Solutions Inc, a global leader in high quality, innovative hand protection, announces partnerships with leading safety sales representative groups, Atwood-Prior, Belmont Enterprises,  Market Force, ...
Read More
Scroll To Top