In 1869 a flour mill mattered. If you wanted to eat, you pretty much made your own food. No drive-up windows. Not many restaurants.
Flour mills were vital to both farmers and settlers.
Charles A. Pillsbury's company began in 1869 with a dilapidated mill on the banks of the Mississippi River in Minneapolis. Within 20 years, Pillsbury was one of the world's larger flour producers.
Quality. Efficiency. Marketing.
And a little care for employees.
Charles Pillsbury "got it" when it came to employee loyalty. He had come from a modest background. He paid for his college education by teaching part-time. He knew what it was like to make ends meet.
So he launched one of the first employee profit-sharing plans in the nation. Within a decade the plan had distributed about $150,000 to employees.
Big deal, you say?
The average salary back then was maybe $200 a year. If you were lucky.
Find out more at pillsbury.com.