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Assets and Profits

Feb 26th, 2018 | By | Category: Geri Roskopf's Blog

I used to work at a local bank that was bought out by a larger bank. A couple of months after the transition there was a mandatory company-wide meeting with the new bank president and other executives. The president stood at a podium smiling and telling the employees how excited he was with the first-quarter profits — even though they let over 100 employees go.

Was I supposed be happy and applaud this news? Not. Some of my friends were in that 100 count. And while the bank president was up there smiling away, he did not know or care that because of his actions I was now supposed to do the work of two people in an eight-hour day.

I’m not saying that having a good bottom line is not something to cheer about, but the lesson I learned that day was: Employers don’t say enough to their employees about how valuable they are, and they don’t thank them enough for all the hard work they do. When they say there is no “I” in team, they’re right, and I believe if the bank president would have worded his well-rehearsed speech a little better, I wouldn’t have had that bitter taste in my mouth and resentment in my heart. It was awfully hard to go back to work with a positive (Yahoo! The profits are up!) attitude.

For many tow companies, with the weather Mother Nature has thrown at us this winter, it’s been rough, with long and tiring hours for tow operators and other employees — which then trickles down and affects their families. Because of all of the day-to-day things I deal with, I know I don’t take enough time to thank my employees for all they do for me, my company and customers.

Although employees don’t show up on a balance sheet, they really are your top assets. Let them know that sooner rather than later.