The 3,000 Cleveland-area employees of Lincoln Electric never worry about keeping their jobs. That's because full-time employees who have worked at least three years for the $1 billion maker of arc-welding equipment are guaranteed employment. Through good times and bad, the firm will not mess with its 50-year no-layoff policy — a factor contributing to eight straight years of robust earnings. It also has intrigued visiting Fortune 500 executives and inspired a book and an ongoing Harvard ...

Register for Complete Access (Valid Email Required)

By registering on MeetingsNet now, you'll not only unlock the NO LAYOFF PAYOFF, you'll also gain access to exclusive premium content.

Already registered? here.