Fiberebond Provided photo
by Amanda McElfresh, The Shreveport-Bossier City Advocate
Three years ago, Fibrebond was facing rapid growth after the Covid pandemic. Company leaders wanted to incentivize employees in a way that was meaningful and could help the company meet customer demand. Programs like discounts at certain businesses or extra time off have been in practice elsewhere for years, but faced with a period of fast growth, the company needed a more meaningful way to link its employees with its objectives.
The Minden-based company, which announced a $40 million expansion in September 2023, decided its first investment had to be in its employees. Fibrebond created a robust financial incentive program for all employees. Under the program, the private company established financial and safety goals and began sharing financial results company-wide.
