Woburn CRE Firm Offers Fuel Stipend for Employees

Cummings Properties employees Charlie and Jo-Anne Varoutsos.

Woburn, MA – The Cummings organization announced this week a fuel stipend for all colleagues of $1 for every hour worked, at least through the end of 2022.

This bonus compensation of up to $40 per week will benefit more than 650 team members. About half are employed by Cummings Properties and the others by Cummings Foundation’s two not-for-profit senior living communities, New Horizons at Choate (in Woburn) and New Horizons at Marlborough.

“We hope that this measure helps to ease the pain at the pump as our colleagues commute to work or enjoy summer road trips,” said CEO Dennis Clarke. “It’s just one more way to express our gratitude for the dedication of our exceptional team.”

The estimated total payout will exceed $600,000, according to Clarke.