Almost 40 years ago, Levi Strauss & Co. stock boy-turned-executive Jerry O’Shea drove the effort to create the Red Tab Foundation (RTF) in order to ensure that no LS&Co. employee or retiree would go without a financial safety net in times of need.
As the coronavirus pandemic impacts communities and businesses around the globe, the foundation’s work has never been more critical. In addition to the work being done to support our own employees, RTF has also begun advising other companies seeking to set up their own hardship funds. In response, the foundation team has created an Employee Hardship Fund Playbook, open sourcing its learnings for others to utilize. “This is a way RTF can have an outsize impact in the corporate world, not just by providing assistance to our employees, but also through helping other companies provide assistance to theirs,” said RTF Executive Director Jenny Calvert Rodriguez.