Florida Company Ups the Ante On Worker Incentives

While many companies are offering bonuses or higher pay as a way to lure and keep workers, a central Florida business is offering a drawing for two brand new, mortgage-free houses. Mechanical One, which provides air conditioning and plumbing for new developments, is planning to hold the drawing next December. “Our business model is really, if we take care of our people, they are going to do more for us than any marketing budget,” said President and CEO Jason James. The company bought two lots for the 3-bedroom, 2-bath homes and has set aside a $500,000 budget for the project. James said he thought about other incentives, such a giving away a car or a vacation, but then he decided he wanted his employees to be able to enjoy their own homes. To qualify for the drawing, employees must be with the company for a full year and take a financial literacy class, paid for by the company. They also must perform 20 hours of community service at a nonprofit of the employee’s choosing.