Taming Turnover
By Michael Fitzhugh, Business 2.0 Magazine

(Business 2.0 Magazine) -- Revving tanks and ATVs through muddy fields doesn't sound like your typical day on the job. But British staffing firm Stopgap isn't your typical company.

Twice a year, Stopgap takes its 95 U.K. employees on unconventional outings, such as rappelling in Switzerland or making sci-fi movies in the London suburbs. Employees never know what's in store, and the firm tries to outdo itself each time.

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Why?

Because company picnics just aren't memorable, says co-founder Claire Owen. But her philosophy is about more than fun and games. Stopgap trumps its rivals with benefits that include an annual well-being allowance and payroll processing for nannies.

The payoff:

Stopgap's turnover, at 9 percent a year, is well below the U.K. average. In her job, Owen has seen how costly employee exits can be. "I wouldn't ever want to put my staff through that," she says.

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Cell phone makers see green by going green. Top of page

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.