This article first appeared in the PR July 1999
issue of Pro Remodeler.
Gehman Custom Builder competes for employees not only with other remodeler, but also with several pharmaceutical companies and a large meat packing industry.
In a tough labor market, good benefits make all the difference, says Dennis Gehman. "If they’re not going to find them in the construction industry, they can go to a host of other places," he says. By offering benefits, Gehman allows employees to do what they enjoy as craftspeople and provide adequately for their families.
Benefit Budget for 1998
- Health insurance: $31,409
- Supplemental insurance: Employees pay for using pretax dollars through a Section 125 cafeteria plan.
- 401(k)*: $12,000 (estimated) Company matches 25% of employees’ contributions up to 4% of gross wages.
- Company vehicles: $42,692
- Educational courses: $12,895
- Uniforms: $6,199
- Picnics/dinners: $11,123
- Employee gifts: $1,390
*Began in 1999.
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