Shoreline resident honored by Crosscut.com with Courage in Business award

Thursday, October 31, 2013

Influential publication Crosscut.com has honored Shoreline resident Bob Donegan, President of Ivar's restaurant group, with its Courage in Business award.

"Since Donegan arrived as chief financial officer in 1997 and became president after the death of his predecessor in 2001, Ivar's has moved in a direction that has proven good for both its employees and its business. He looked at high employee turnover, running at more than 400 percent annually in much of the company and decided to emphasize good pay, benefits and even retirement plans for employees. 
"While other restaurants pursue a path of low wages in a competitive and increasingly personality-based culture, at Ivar's, the philosophy is that the company knows its most important asset: Its workforce — not, as the saying goes, the valued customer. Long before Obamacare, the company began offering full benefits to part-time employees and it matches every contribution they make to their 401(k) plans with a 50 percent donation."

Read the entire article 


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