(En inglés)
Financial Incentives to Recruit and Retain Employees
Julie Jones: Hi, I'm Julie Jones, and I'm the HR director with Inspire Development Centers. I've been here for 13 years and have been doing human resources for the last 27. I run a team of 16 HR professionals that cover 1,000 employees across the organization.
Jorge Castillo: Hello, my name is Jorge Castillo. I'm the CEO for Inspire Development Centers. I've been here 29 years and have had the pleasure of working with many great people. The hiring incentive program was also, to date, very successful. We addressed lead preschool teachers, bus drivers, and family advocates, as well as Early Head Start home educators. We provided referrals in the amounts of $2,000, $1,000, and $500. The parameters allowed for us to make that payment within the first 30 days of employment. And to date, 146 employees have been successful in receiving a hiring incentive.
Julie: The total dollars around those 146 employees that were hired is $119,000. And many people have asked us, "Were you successful in that program?" And we do feel we've been successful. We have only lost five of those original 146 employees, and only one of those was to leave for a different employer for a higher paying position. We feel very, very successful in how we utilized those funds.
The next program that we talked about was, and our last program, is our retention program. As we implemented the hiring incentive program, obviously our current workforce all said, "What about me?" We kept that in mind and were able to use the American Rescue Plan dollars to incentivize our current workforce.
Jorge: In that case, we also addressed the hard-to-fill positions by creating a base amount for the retention and then also recognizing the years of service for all our employees. And those amounts range from $500 to $3,500. And in August, we made our first half of the payment in that retention bonus to employees, and we are scheduled to pay the second half in late October.
Julie: And those dollar amounts actually totaled $1.1 million. I think our workforce has been very pleased. And we were able to align all three programs with that same philosophy of which positions were hard to fill, aligning it with our turnover, and looking at historically at what had been difficult to fill in the organization, and we have been successful.
Jorge: I think the retention program has been the best to date in that it recognizes the efforts of all employees at all levels.
I would only say that I think as a nonprofit organization, Inspire Development Centers' greatest responsibility obviously is to serve these children and families. But as an administration and administrators, equally it's important for us to take care of our staff to the maximum extent possible, and this has given us the opportunity to do that.
El personal de los Centros de Desarrollo Inspire en el estado de Washington describe la forma en que ofrece incentivos financieros para reclutar y retener empleados (video en inglés).