Establish a rewarding environment
Glencove Marine (Ranked 87 in 2006) rewards service technicians for their efficiency and loyalty, paying them a bonus at year’s end based on productivity and offering employees a 50-percent 401K match and four weeks of vacation after five years of employment.
Surfside 3 (Ranked 3 in 2005 and since purchased by MarineMax Inc.) established a fund to reward employees for efficiency, exceeding expectations, saving money and increasing revenues. Through the program, managers nominated employees for a bonus of up to 20 percent of their weekly income.
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