Main attraction | Best Companies 2022 – Florida Trend

Tampa Bay Economic Development Council

No. 3Small | Economic development | Tampa

The importance of refueling

CEO Craig Richard

Turnover: “As an organization, we’re quite small, so we haven’t had the same effects of the Great Resignation as larger businesses and organizations. But in terms of our work, working with businesses in the Tampa area Bay whose number 1 priority is finding talented people, yeah, we’ve seen some of those effects. It’s a constant turnover for some of these companies, and I don’t know when that’s going to end. That’s the one of those things where even though you have access to remote workers, some companies feel like they’re losing their culture.

Employee expectations: “I think our employees, like everyone else, are reassessing their lives and what’s important to them and how they spend their time and what kind of balance they have in their lives. Our employees are no different. They’ve all gone through the same reprioritization, and so I think employees are feeling that stress and looking for more flexibility and balance in their lives. I think employees, including our employees, are feeling a little extra stress, so I think it’s incumbent on management to understand that, to be proactive in empathizing with those situations, and to try to work accordingly to try to mitigate some of it.

Link: “We knew that one of the challenges we were going to have, especially when working remotely all the time, was that communications were going to be really, really important. Our management team therefore developed key systems to ensure that we communicated regularly about what was happening in the organization, from top to bottom, and we never missed an opportunity to have meetings with all staff and to give them regular reports on the state of the organization. Employees, if they don’t come into the office every day, there’s a danger or worry that they’re not as engaged, and so their engagement was key for us. Another key thing is that you should always recognize people and show your appreciation for their efforts, so we just wanted to make sure we did that on a regular basis.

Refueling: “Even though people were working from home, we also encouraged people to take time off. We said, hey, even though you might not be in the office, you need to get away; you need to check and recharge your batteries and come back fresh, so we encouraged people to take their PTO or vacation, and our management team, we set the example. I say to my entire management team, if you don’t have a vacation planned, plan it. “

Differentiator: “Employees today want to feel like they’re part of something special, and we can show them that. We can show them their fingerprints on different parts of the city, that they are touching lives, that they are helping people find better jobs; they improve communities; we build a tax base, which helps deliver better government services. I think people responded to that. They feel it is more than just a job. It’s more of a vocation. »

Between 2000 and 2022, Americans quit their jobs at an average rate of about 1.97% per year. Over the past two years, so-called “dropout rates” have skyrocketed across the country, including in Florida, where they averaged nearly 3.6% between December 2021 and March of this year. At the same time, unemployment in the state has remained low — at 3% in May — suggesting that most workers are not leaving the labor force entirely, but simply changing jobs.

Florida dropout rate
Percentage of Florida employees who quit. Traditionally, the dropout rate was less than 2%.

Month Resignations Dropout rate
December 2021 335,000 3.7%
January 2022 264,000 2.9
February 2022 307,000 3.3
March 2022 404,000 4.4
April 2022 333,000 3.6

Tags: Top Companies, Feature

Keith P. Plain