What employee benefit is the most popular among staff members?
As employee-owners, everyone receives annual contributions of company shares to a personal retirement account which averages 10 percent of the employee’s annual salary. This is above and beyond the 401(k) match. This model gives each employee a vested interest in the success of the company.
How do you recognize individual achievement?
Communication is key in our organization. Instant recognition is provided through our office “Buzz Board.” The best stories are also included in our weekly email newsletter from our CEO to all of our employees nationally.
How do you invite employee feedback?
Our CEO instituted a Question Portal on the Shawmut intranet to encourage dialogue across all levels of the organization. n
Employees in R.I.: 76
CEO Les Hiscoe
Questions answered by: Ron Simoneau, vice president