Simmons second century
A story of people
of our business. Simmons people enjoy the best fringe benefits in our industry. Every employee participates in either a Union or one or more company health and hospitalization plans, retirement plans, and life . . . the best fringe benefits in the industry. insurance plans. Everyone, excepting corporate officers, is eligible for the Simmons stock purchase program. Another aspect of Simmons "concern" is our wide-open policy of advancement. Wherever possible, we promote from within. Consider the background of our officers. The President, Executive Vice President for Domestic Operations and the Vice President for Sales all started as cub salesmen. So did all four of our Bedding Division General Managers. The Vice President for Research and Development packed lawn swings. And so it goes, through every level of management, in every country where we do business. Indeed, a remarkable number of foreign citizens hold top executive positions in every one of our international companies. We have always respected individuality, too-another characteristic of "concern." Thus, our management styles focuses more on results than on procedure, on deeds more than dogma. In the Simmons climate, executives at every level are encouraged to grab the initiative, to experiment, to show their stuff. What of our future concern for Simmons people? It is obvious that there is a "chicken-and-egg" relationship between the welfare of the employee and the health of the company. Only through the skills and brains of Simmons people can we continue to prosper; and only if the company continues to prosper can we provide tomorrow's wages and fringe benefits and security. Change, rapid and fundamental, is affecting every facet of our business and every individual in it. Company and employee prosperity go hand in hand. The education explosion, the information explosion, the cultural explosion-all will have their profound effects in the next decade. The arts will influence our products. New techniques of data processing and data communications will reach into every corner of our business. All of us must move with these currents of change. As a burgeoning federal, state "We promote from within." Hence the need for job training at every level.
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