This Week's Tip!
|
![]() |
"Maintaining positive staff motivation during this tough economy is challenging but necessary." Linda Case |
Given the dicey economy and sluggish housing industry, many remodelers have had to forgo cash incentives, profit-sharing, and bonuses for their employees. That’s not to say that you still can’t reward your employees for their loyalty to your company.
The officers of Myers Constructs Inc., boost employee morale, keep their workers warm, and increase the company’s visibility by giving their employees personalized, high-quality company jackets. “These are very nice Carhart Detroit jackets with blanket linings,” says Diane Menke, project manager and chief operations officer of the Philadelphia, Pa.-based design/build firm. “We have the company logo embroidered on the backs of the jackets and employees’ names embroidered on the fronts.”
The jackets aren’t cheap; with the custom embroidery, they cost about $130 apiece. The outlay is well worth it, though. “While raises and bonuses are on hold, we are still able to provide a nice incentive to our group that keeps us all enthused about the
company,” says Menke.
The jackets are budgeted under company clothing and are considered
marketing since they are nice "walking billboards,” as the remodeler puts it.
That marketing tactic is working. Other people have noticed—and coveted—the jackets. Customers and employees’ significant others have mentioned that they would like to have company jackets, too. To that end, the Myers Constructs will be offering the jackets at a small markup on their company web site.
Mastering the Business of Remodeling |
The Remodeler's Guide to Making and Managing Money | The Remodeler's Marketing PowerPak | 101 PowerTips: Great Business Ideas from America's Top Remodeling Companies |
Mastering the Business of Design/Build Remodeling |
Go beyond fundamentals - take your Administrative staff to the next level!
You'll see superior examples of administration systems which have increased this company's productivity and performance. Best of all, you'll receive samples of the most important systems and procedures that you can apply to your admin department and watch it skyrocket into a more structured, efficient operation. Sign up now - time is running out!
Paying attention to basics is more important than ever. Attend these meetings and increase your ability to compete and ultimately survive in today's economy!
Implementing a Sales Strategy to Boost Your Business, led by Craig Deimer.
Implementing Your Percent Completion Accounting, led by Judith Miller.
Preparing Proposals That Produce Sales. led by Paul Winans.
Master Your Remodeling Business: A Strategic Workshop for Profit and Performance, led by Victoria Downing.
Remodelers Advantage
535 Main Street
Suite 211
Laurel, MD 20707
Phone: (301) 490-5620
Fax: (301) 498-6869