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.



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.


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

To send a letter to the editor about this story, click here.

Follow the news that matters to you. Create your own alert to be notified on topics you're interested in.

Or, visit Popular Alerts for suggestions.
Manage alerts | What is this?