Packard Inc. told its employees on Aug. 25 that it had become the first master distributor in the HVACR industry to adopt an employee stock ownership plan (ESOP). The purpose of an ESOP is to enable eligible employees to share in the growth and prosperity of the company, accumulate capital for their future economic security, and acquire beneficial stock ownership interests in the company.
The NEWS is accepting nominations for its annual Best Contractor to Work For contest. Each year, The NEWS’ editors honor great companies who have done a phenomenal job when it comes to taking care of their employees and truly making their businesses the best places to work.
If you want your employees to step up and deliver the best service to your customers, it’s time to make sure that you and your employees are on the same team — that everyone is aligned and “pulling in the same direction.”
Not being focused on actively retaining staff takes an awful toll on the company because it costs a lot of time, money, and energy to always be replacing people, especially really good people.
Taco Comfort Solutions announced the winners of its annual Taco Student Scholarship Awards, which provide college funding assistance for children of Taco employees. Equal cash scholarships are given to in-college and college-bound students who combine scholastic achievement with volunteerism and community service.
Make sure your company is a place employees can take pride in when talking with their family, friends, or strangers. With the lack of qualified workers in the HVAC field, having your employees speak so highly of your business can only help.
How can you keep your people happy and motivated through the dog days of summer? Some of the best owners in the industry have successfully navigated dozens of busy seasons and offer the following tips.
Making sure the right employees are in place, hiring based on quality rather than need, adding value for employees by implementing merit-based programs and systems that reward them for doing great work, delegating, and clearly communicating company goals are essential parts of a successful culture.