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| Keeping Them Happy Editorial Staff |
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Turbulent economic times, aging baby boomers, advances in technology and Southwest Florida’s growth have ushered in a new, more diverse workforce. And companies are learning that they must adjust to their changing workforce, offering flex schedules, telecommuting and other benefits that help motivate and retain employees, especially as layoffs force additional work on employees who escape the ax. Employers must take retention and recruitment issues even more seriously in the coming 10 to 20 years to get the talent they need, says Donna M. Long, an Orlando-based trainer and consultant with more than 20 years experience, including managing the human resources departments for Disney and Hyatt Hotels. Nationwide, companies have increased benefits packages, offering extras such as tuition reimbursement, fitness programs and even eldercare. Some have even hired company chefs who prepare meals-to-go for workers heading home for the evening. We’ve spotlighted four Southwest Florida companies that are showing employees they’re valuable by offering opportunities to develop in their industry and rewarding them for their hard work. These business owners and executives also believe their extra efforts help keep good employees happy and on the job. Appreciating employees—and showing it Each march, Colonial Bank’s Southwest Florida Region employees expect surprises, gifts and recognition. That’s because the bank’s Employee Appreciation Week happens during the month. One day, professional singers serenade employees, going from office to office. Another day, managers deliver lunch to workers. Corporate executives visit the area throughout the week, attending receptions to thank employees. And there are gifts galore, from flowers to polo shirts with the bank’s logo (to wear on casual Friday, of course). The lobbies are decorated with banners announcing the company’s appreciation and posters featuring baby pictures of the employees. These efforts reach beyond employees, says Harlan C. Parrish, president and chief executive officer of Colonial Bank’s Southwest Florida Region, which received awards in both Collier and Lee counties in 2001 for its employee benefits program. “A happy employee is a productive employee, and customers are the first to pick up on this positive energy,” he says. Mergers and acquisitions, regulatory changes and technology have all increased the need for a highly skilled, motivated and well-trained workforce, Parrish says. One of Colonial Bank’s strategies is to provide incentives to its employees through formal programs designed to increase growth and profitability. The region spent more than $175,000 in incentives during 2001 and more than $130,000 in 2000. The result has been a drop in turnover, from 69.5 percent in 1998 to 20 percent in 2001, which has improved the bank’s efficiency and productivity. “I firmly believe that customer retention is directly proportional to employee retention, which has enabled us to strengthen our customer relationships, thus increasing our market share and profitability,” Parrish says. Many businesses don’t have a clue when it comes to managing and motivating employees, Parrish says. “They cannot comprehend the power of making decisions based on the feedback and perspective of their employees. Also, many employers still hold their human resource department accountable for employee turnover and retention,” he says. “That makes as much sense as having a delivery nurse responsible for raising someone else’s kids. You need to hold your managers accountable for the people they supervise.” Satisfied employee equals satisfied client The yearly raises are wonderful, but the biggest reason Teresa Smith has remained at Henderson, Franklin, Starnes & Holt is the opportunity for career advancement. After several years of working as a secretary at the Fort Myers law firm, Smith decided last May that she wanted to become a legal assistant. The firm paid for her education and made room for her in the business and tax department when she received her certification. Recognizing that client satisfaction begins with employee satisfaction, Ron Smalley, managing attorney at Henderson and Franklin, one of Southwest Florida’s oldest law firms, says employee development is taken seriously and happens on several different levels. “Retention is a hot button to our firm,” Smalley says. That’s why the firm, founded in Fort Myers in 1924, provides profit sharing, a health and fitness program, and a professional development fund that pays for tuition reimbursement, association fees and even books, along with more traditional employee benefits. Its efforts were recognized last year, as Henderson Franklin Starnes & Holt received an industry appreciation award. “Almost anything that encourages someone to expand his or her knowledge will benefit us,” Smalley says. “If they want to join the Legal Secretaries Association or buy books on how to become a better person, they can do that.” Hiring is not just giving people a job When Joseph and Sandra Waite opened Platinum Coast Dry Cleaners in Naples 13 years ago, they worked every day, repaired equipment and went years without a vacation. In the past few years, through the advice of business owners and personal skills development training presented by The Workforce Stability Institute in Austin, Texas, the couple realized they needed to stop working in their business and start working on their business. “We stopped believing that we were doing our employees a favor just to give them a job,” Joseph says. Now, using several employee retention and development practices unique to their industry, the Waites offer their employees much more. Employees spend up to three weeks a summer enrolled in special training and personal skill development programs. Finding that some of their workers lacked basic life skills, such as proper cooking and meal planning and money management, the Waites put employees in contact with dietitians, bankers, insurance representatives and attorneys. English tutors are provided for those who aren’t fluent in English. “When an employee has life balance, that employee is awesome at work,” Joseph says. He adds that although these types of programs take financial commitment, the result usually justifies the cost. Platinum Coast Dry Cleaners has reduced turnover by 200 percent in the last two years. With turnover cost totaling approximately $4,800 for each employee, this adds up to net savings of $312,000. The Waites hope to achieve a turnover rate no greater than 50 percent within the next two years, a difficult goal considering the transient nature of the market. Store manager Sandra Cavazos has taken advantage of several management training and personal skills programs in her six years with the company. “I feel that a lot of places don’t care about you. You’re just another employee to them,” says Cavazos, who previously worked at Wal-Mart and Burger King. “We do things together and our input counts. Even if our ideas don’t work, at least they are taken into consideration.” Adding benefits as the need arises The Bonita Bay Group, which with more than 1,400 workers is one of the area’s largest companies, has been recognized nationally for its employee benefits, most recently as a finalist in Fortune magazine’s annual list of the 100 Best Companies to Work For in America. Company management understands that employee recruitment, retention and recognition are key, says Sabra Spaugh, vice president of human resources. The company recently instituted one week of paid leave for new fathers. Like other area companies, The Bonita Bay Group offers assistance with child care costs, including adoption assistance. Its “Sick Kids Care” program allows parents the option of using the Naples Community Hospital’s special program free of charge. Recognizing that the high cost of area housing can be a problem for many employees, The Bonita Bay Group was the first company to partner with the Bonita Springs Area Housing Development Corp. to help employees achieve homeownership. The Bonita Bay Group also provides a $5,000 interest-free loan for employees; and if the employee remains with the company for five years, only 40 percent of the loan must be repaid. The company received a Collier County Excellence in Industry award in 2000 for its employee benefits. Besides positioning computers in employee lunch areas, The Bonita Bay Group also has two full-time staff members who oversee employee training and development, which includes Spanish/English courses and computer classes. Training programs averaged 48 hours per employee in 2001. Dan Demczak joined the company in 1993 as a part-time bartender at Backwater Jack’s, the marina restaurant at Bonita Bay. Since then, he has taken advantage of Bonita Bay’s management and training opportunities to rise up the ranks. His courses have included a seven-week Dale Carnegie leadership training seminar for managers, an advanced achievement leadership course with Dr. Gerald D. Bell from the University of North Carolina’s Kenan-Flagler Business School and Spanish classes. “It was obvious to me that employees were valued and trusted and the company backed it up by excellent training and customer service programs,” says Demczak, now general manager of The Marina Club at Bonita Bay.From paternity leave to personal growth, employers are investing in all sorts of ways to recruit and retain good people. | ||