Our profit-sharing program is an investment in you and sets us apart in the industry.
Profit sharing is an important way Gordon Food Service shares the success of the business with you. Since 1960, the plan has reflected our company’s values and the commitment of the Gordon family to employees. The amount awarded each year is determined by the Board of Directors and is dependent on business results. Each year’s profit sharing allocation is announced at the Annual Celebrations held during November or December at every location. Profit Sharing is distributed at the end of December.
The Plan Year runs from Oct. 1 -Sept. 30.
All full-time employees and part-time employees over 21 years of age with more than three months of service in the Plan Year receive Profit Sharing.
If this is your first profit sharing contribution, your contribution is calculated on your eligible pay following your first three months of service through the end of the Plan Year (Sept. 30).
Eligible employees will receive a personalized Profit Sharing Statement in Workday in mid-December. Profit sharing contributions for eligible employees will be deposited into their 401K account at the end of December.
The Plan Year runs from Oct. 1 -Sept. 30.
All full-time and part-time employees over 21 years of age with more than three months of service in the Plan Year receive profit sharing.
If this is your first profit sharing contribution, your contribution is calculated on your eligible pay following your first three months of service through the end of the Plan Year (Sept. 30).
Eligible employees will receive a personalized Profit Sharing Statement in Workday in mid-December. Profit sharing contributions for eligible employees will be deposited into their 401K account at the end of December.
Be sure to visit Our Pay Philosophy for a broader look at all aspects of your compensation, including annual merit increases for many positions, as well as other types of bonuses and incentives specific to an employee’s job.
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