July 2010

It's All About the People
by Tarah Figueroa   

    In the midst of an economic downturn unlike any we’ve seen in recent history, being named one of the “Best Companies to Work For” is quite an achievement.  The unfortunate fact is, with so many qualified employees in the market today, many executives don’t feel that offering extra incentives is important.  However, the executives for this year’s twelve “Best Companies” disagree and counter that they believe incentives are more important than ever to recruit and retain the best and brightest.  They contend that retention is still valuable to every company and the employees they have are their company’s most valuable asset.  
    Nevada Business Magazine’s annual search for the best of the best began several months ago when employees from across the state sent in nominations that touted their company’s qualities.  After extensive time, research and deliberation, the editorial staff selected this year’s honorees.
    Each of the following companies have created a work environment that’s conducive to both recruitment and retention and are among Nevada’s best companies to work for.

ManagedPAY

    A family-owned company in every sense, ManagedPAY is a payroll and professional services firm that is committed to its employees.  The company offers its 34 employees a health, dental and vision plan, a 401k plan that is 100 percent vested and employee education reimbursement.  Bill Rosado is president of the firm and his partner is his wife Maureen.  Their goal is to ensure that their employees are taken care of and are provided with job stability.
    To that end, rather than cut employee pay or lay-off employees because of the recession, Rosado rather cut his own pay to see the company through.  He keeps his staff up-to-date on where the company stands and strives to let each employee know how much they are appreciated.
    “The last thing I would ever want to worry about is, if I came up with a disease is how am I going to pay the bills?  Anytime someone is facing a crisis, we pull them in and say, ‘Do not worry about your pay.  Take off, communicate with us, we’ll figure everything out,’” Rosado said.
    “This is a very difficult time for owners, with most companies letting people go,” he adds. “We care.  It’s not because we want to be named as the best place to work, it’s because my wife and I are very grateful for what we have accomplished and what we have in our lives.”
 
Read the entire article at: http://www.nevadabusiness.com/issue/0710/1/2258