Tuesday, March 6, 2018

What Comes Around





We know of bed, bath and beyond - but now we read of a combination way beyond these three Bs.
Amazon, J.P. Morgan and Berkshire Hathaway - three "B"ehemoths in their own right have banded together to offer independent health care for their employees. Such paternalism is not unique for over a century ago, John Wanamaker, the department store magnate, offered his employees medical and dental clinics, schooling, vacations etc - and he was followed by Lord & Taylor, Macys, Saks, Bloomingdales etc. Wanamaker wanted to keep his workers healthy & happy. What happened to that ethic? A good read below.
tjs
https://www.nytimes.com/2018/03/04/nyregion/in-health-care-for-employees-department-stores-pioneered.html?rref=collection%2Fsectioncollection%2Fnyregion&action=click&contentCollection=nyregion&region=rank&module=package&version=highlights&contentPlacement=2&pgtype=sectionfront

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