One of the study’s key findings was that businesses with ESOP plans provided better retention rates and financial security for their employees throughout the pandemic.
A broad group of community leaders, including those representing the school district and the EDC, are working under a Dec. 1 deadline to raise $10 million in order to qualify for another $10 million in state funding.
At Lunseth, honoring “milestone” employees goes back to a promise made on a bar napkin. 9:00 am, Dec. 27, 2020 ×
Dave Kvidt, president of Lunseth, left, visits with employees Joe Riskey, center, and Dan Holter in the company s shop in Grand Forks. Riskey has worked at Lunseth for 21 years and Holter for 21 years. Eric Hylden / Grand Forks Herald
Lunseth Plumbing and Heating Co. started as a two-man operation in July, 1935. Today, the company has more than 130 employees, some of whom have put in decades of work, and company leadership makes sure to acknowledge those workers who have helped it grow.
The company was set to celebrate its 85th anniversary in the summer with an open-house celebration, but the coronavirus pandemic put those plans on hold. Two employees were supposed to be recognized for their length of service at the company’s Christmas party, but, when that also was canceled, senior management made sure to do it individually. At Lunseth, honoring “m