Rival manufacturers partner on emergency fund for employees — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Rival manufacturers partner on emergency fund for employees

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in Employee Benefits Program,Human Resources

Rival recreational vehicle makers Forest River Inc. and Thor Indus­­tries can agree on one thing: Busi­­nesses need to be there for their employees during times of need.

So the two largest employers in Elkhart, Ind., have joined forces to create and jointly fund the Forest River/Thor Community Foundation, which will provide grants of up to $20,000 to employees of either company during emergencies.

Employees may qualify for the grants if they experience unforeseen, emergency financial needs because of a family crisis, acute illness, natural disaster, house fire or another hardship.

The firms’ HR pros will manage applications for aid.

“Both of our companies would not be able to achieve the accomplishments we have without these employees and their families, so we want to help them where we can and when we can,” Forest River President and CEO Peter Liegl said as the organizations launched the fund. Thor President Bob Martin added, “The Community Foundation is an opportunity for us to give back to the people who make our companies strong.”

Contact: Joseph Greenlee of Forest River at (574) 389-4600 or Jeff A. Tryka of Thor, (574) 970-7912.

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