![]() Fox and his team have worked with Synergy since 2017, and provide to members SIB’s cost reduction expertise specific to the HVAC space: managing customers’ third-party expenses by validating line items, rectifying billing errors, providing invoice analysis, and more. Sean Fox, vice president at SIB Fixed Cost Reduction, and Tom Loutrel, senior vice president of business development at SIB, talked all things cost savings at the meeting. Specifically that young, hot-blooded millennial talent. Synergy members also shared some tips on “Recruiting and Developing the Next Generation” during a “Synergy Show Down,” to give members some ideas on how to shake up how they’re currently recruiting and developing talent. R&D: Brian Hughes of Hughes Environmental Engineering shares his Best Idea with the group. The “Bonus Day Vacation Program” provided additional incentives to those employees who rarely, if at all, call off or miss a day of work throughout the year. Members are encouraged to take the ideas presented during the challenge, or anything they learn throughout meetings, and rob & duplicate it into their own businesses.īrian Hughes of Hughes Environmental Engineering in Mahwah, New Jersey, took home the cash prize for the idea of an experimental incentive program put together to increase both employee retention and gross profit. The challenge was created with a little R&D in mind: rob & duplicate. The winner took home $3,000 and Synergy matched that $3,000 and donated it to a charity of the winner’s choosing. Then, 10 ideas were selected to be presented at the meeting and members voted for what they thought the Best Idea was. The meeting started with introductions from new members, followed by a “Best Idea Challenge.” Members had the opportunity to share an idea they’d implemented within their company from which they’ve seen positive results. The executive meeting is different from other Synergy events in that “it gives an opportunity to work on their business and not in it,” said Rodgers.
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