Employee relationships help Maryland firm retain workers — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

Employee relationships help Maryland firm retain workers

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in HR Management,Human Resources

Greenbelt, Md.-based Bozzuto Group doesn’t have any problem when employees date their colleagues.

In fact, nearly 40 employees of the real estate development company met, fell in love and married their spouses while both were working at the firm.

It could be why so many of its workers refer their friends and family members as possible co-workers: Employee referrals account for nearly 40% of new hires.

Plus, the 23-year-old company has one of the lowest turnover rates in the development industry, and more than 100 Bozzuto employees were promoted in the past 12 months.

The firm rewards longevity: The Seven-Year Club—a group of em­ployees with seven or more years of service who participate in a profit-sharing pool—has 173 members.

One result: Employee satisfaction scores are in the top 10% of all companies rated by HR and training consulting firm Development Dimensions International.

Contact: CEO Tom Bozzuto, (301) 220-0100.

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