February 24, 2018

Family-Friendly Businesses

Perking Up

Progressive businesses try to offer a range of benefits and policies that help retain employees and make them more productive.

Extra Vacation Time for Sale
Two years ago, the Bonita Bay Group, the Bonita Springs-based master-planned community developer, saw some of its 1,500 employees being priced out of the real estate market in Collier County. The company introduced an employee financial assistance program for those looking to buy their first home. Employees can borrow up to $5,000 interest-free to use as a down payment or to clean up their credit to help them purchase their first home. They can repay the loan through payroll deductions over five years. Employees who qualify for federal affordable housing programs only need to repay 40% of the loan. The company will look into expanding its home-buying assistance program this year to keep up with rising real estate prices in its area.

Knocking Down Barriers

Bayfront Health System, with a host of family-friendly policies and benefits, has been recognized by Working Mother magazine as one of the top companies to work for in the country. Bayfront, with 2,500 employees, is one of a few companies ambitious enough to tackle the gender-stereotyping issues that USF's Tammy Allen identifies as an institutional barrier to family-friendly workplaces. More than half the hospital's managers are women, and Bayfront offers a mentoring program called Adventures in Leadership to help women employees further their careers.

Creating Savvier Investors

At WilsonMiller, an engineering firm based in Naples, more than 90% of the 600 employees participate in the company's 401(k) plan. But the company found that participation didn't always correspond to investment savvy. "Most people don't know how to manage their investments," says human resources director Steve Csotty, so WilsonMiller now offers the services of an outside money management firm to its employees, and more than two-thirds make use of it. Employees pay less than 1% of their total investment, and WilsonMiller picks up other management costs. There is no minimum investment required.

Tags: Around Florida, Business Services

Digital Access

Add digital to your current subscription, purchase a single digital issue, or start a new subscription to Florida Trend.

An overview of the features and articles in this month's issue of Florida Trend.


Florida Business News

Florida Trend Video Pick

FIRST Robotics
FIRST Robotics

 Krunch Robotics club has six weeks to build a robot ahead of the FIRST Robotics regional meet in Orlando in March.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

What's your favorite Florida beach? (tell us in comments)

  • The one nearest me, which is _____
  • One not near me, but I still think it's the best, which is ______
  • None, not a beach person

See Results

Ballot Box