Vistas: Geri Stengel’s Blog: Small business

Employee Perks Build Small Business Success

What do the New York Jets, Patagonia, a landscaping company in Massachusetts, and a catering company in Illinois have in common?

employee benefits, profit sharing, small businessWell, they are all among the Top 20 Small Company Workplaces, selected because they, like the other 16 winners, are successful small businesses that trace their success to their culture, particularly the way in which they treat employees.

The Top 20 list is compiled by Inc., and Winning Workplaces each year.

Benefits among the 20 range from paid time off for nonprofit volunteer work to cross-training, from English language help for employees for whom English is a second language to free house cleaning every two weeks (Yes, you read that right: free house cleaning, offered by Akraya, a $32 million job-placement company in California.)

Employee benefits beyond those mandated by law represent "enlightened self-interest because the cost of [employee] replacement is high and the benefit of continuity is great," according to Ken Lehman, co-founder of Winning Workplaces and former CEO of a manufacturing company.

Companies chosen for this award also rank high in social responsibility. PortionPac is a chemical company founded in 1964 and bringing in around $20 million per year. The environment benefits from its focus on waste reduction and safety in the use of janitorial supplies. Its employees benefit from equipment designed to operate quietly so the employees can talk to one another.

Biomark, an Idaho company that makes tags for wildlife studies, believes in cross-training and variety so much that everyone from CEO to customer service reps do fieldwork and "get their hands dirty tagging fish and animals."

In an interview with Inc., Lehman says small businesses should focus on "open, two-way communication. Open-book management, for example. Employees want to do a good job. But they need to know what is going on and how they fit in. Frequent, open communication – including financial information – equips people to do their best."

Also high on the list of things that promote workplace satisfaction and business success are:

  • openness to employee ideas
  • consideration of changing employee needs, from child care to subsidized fuel costs
  • profit-sharing or employee ownership
  • lack of hierarchy, in that managers eat with employees, meet with them, and share information
     

Funny thing about that list of profitable employee benefits: It's almost the same as last year's.

As to the New York Jets, all their employees can use the team gym and can quality for $15,000 tuition reimbursement.

Patagonia allows employee flextime to an unusual degree: if you want to surf in the afternoon and come in at 7pm, go for it!

The $1.4 million landscaping business, A Yard and A Half, offers English language lessons and flextime to its employees.

And Tasty Catering in Illinois encourages employees to come up with new business ideas and subsidizes their start-up costs.

Do you know companies whose employee-benefits are unusual? Are they successful?

 

Employee Perks Build Small Business Success

What do the New York Jets, Patagonia, a landscaping company in Massachusetts, and a catering company in Illinois have in common?

employee benefits, profit sharing, small businessWell, they are all among the Top 20 Small Company Workplaces, selected because they, like the other 16 winners, are successful small businesses that trace their success to their culture, particularly the way in which they treat employees.

The Top 20 list is compiled by Inc., and Winning Workplaces each year.

Benefits among the 20 range from paid time off for nonprofit volunteer work to cross-training, from English language help for employees for whom English is a second language to free house cleaning every two weeks (Yes, you read that right: free house cleaning, offered by Akraya, a $32 million job-placement company in California.)

Employee benefits beyond those mandated by law represent "enlightened self-interest because the cost of [employee] replacement is high and the benefit of continuity is great," according to Ken Lehman, co-founder of Winning Workplaces and former CEO of a manufacturing company.

Companies chosen for this award also rank high in social responsibility. PortionPac is a chemical company founded in 1964 and bringing in around $20 million per year. The environment benefits from its focus on waste reduction and safety in the use of janitorial supplies. Its employees benefit from equipment designed to operate quietly so the employees can talk to one another.

Biomark, an Idaho company that makes tags for wildlife studies, believes in cross-training and variety so much that everyone from CEO to customer service reps do fieldwork and "get their hands dirty tagging fish and animals."

In an interview with Inc., Lehman says small businesses should focus on "open, two-way communication. Open-book management, for example. Employees want to do a good job. But they need to know what is going on and how they fit in. Frequent, open communication – including financial information – equips people to do their best."

Also high on the list of things that promote workplace satisfaction and business success are:

  • openness to employee ideas
  • consideration of changing employee needs, from child care to subsidized fuel costs
  • profit-sharing or employee ownership
  • lack of hierarchy, in that managers eat with employees, meet with them, and share information
     

Funny thing about that list of profitable employee benefits: It's almost the same as last year's.

As to the New York Jets, all their employees can use the team gym and can quality for $15,000 tuition reimbursement.

Patagonia allows employee flextime to an unusual degree: if you want to surf in the afternoon and come in at 7pm, go for it!

The $1.4 million landscaping business, A Yard and A Half, offers English language lessons and flextime to its employees.

And Tasty Catering in Illinois encourages employees to come up with new business ideas and subsidizes their start-up costs.

Do you know companies whose employee-benefits are unusual? Are they successful?

 

Making Change Personal

How do you define social responsibility? I've asked that question before; this time I have 30 answers, 30 people from all walks of life who took what they had – a little or a lot – and used it to help others.

Use Your Edge: 4 Trust Factors That Attract Customers to Small Businesses

Most Americans – 71 percent – trust small businesses more than they trust their government, their preacher, their teacher, or the nightly news, according to a very dense report issued in April by the Pew Research Center for People and the Press. 

Social Entrepreneur Combines Business With Vision

Exciting times! Creative, practical, inspiring ideas to help the environment are cropping up all over. Start-up social enterprises, aka small businesses, are, as always, leading the way.

Enterprising small business owners are reducing carbon emissions and cleaning up the world by taking risks, thinking outside the box, and pulling big organizations along after them.

Social Entrepreneur Combines Business With Vision

Exciting times! Creative, practical, inspiring ideas to help the environment are cropping up all over. Start-up social enterprises, aka small businesses, are, as always, leading the way.

Enterprising small business owners are reducing carbon emissions and cleaning up the world by taking risks, thinking outside the box, and pulling big organizations along after them.

5 Tips for Making Your Small Business Stand Out

Social responsibility is a powerful marketing tool, one that can set your business apart from the one down the street and increase customer loyalty. Stand out by standing up for your community, your workers, and your planet.

5 Tips for Making Your Small Business Stand Out

Social responsibility is a powerful marketing tool, one that can set your business apart from the one down the street and increase customer loyalty. Stand out by standing up for your community, your workers, and your planet.

Palestinian Entrepreneur Exemplifies Adage That Social Responsibility is Good for Business

"Social impact is our entrepreneurship goal and this is also serving us from a business standpoint."

Need I say more? That's a nice definition of social enterprise.

The statement above is from Nasser Abufarha, 46, founder of several social enterprises that serve both the farmers of Palestine and those who want to support organic and fair-trade enterprises. In fact, as indicated in the statement above, the growing demand for fair-trade and organic products is part of his business plan.

5 Steps to Greater Profitability ... Starting at the Bottom

I've always been an advocate of treating all employees well and now the research is in that supports my contention.

Profit at the Bottom of the Ladder  found that there is a link – unexpected by the researchers – between improved conditions for bottom-rung employees and profit. They expected to find that companies could provide good benefits to low-level employees and still be profitable. But they found much more. They found that well-treated low-level employees increased company profits.



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