A year ago, Acco Brands Corp. started cutting employee pay in a bid to
stem the flow of red ink and avoid mass layoffs at the supplier of
The job cuts came anyway. But in late October the company reported its first profitable quarter in two years.
So on Thursday, the Lincolnshire-based company will begin making good on its promise to pay back employees, four months ahead of schedule.
Cynics may call this a PR stunt, but I think praise should be given where praise is due. Acco is one of the nation's biggest suppliers of office products, such as Swingline staplers and Day-Timer planners. Next time in the stationary store, pick one up. The company's web site is here.