Managers share retention and recruitment tips


The Neuberger Berman Group in New York, for example, leaves it up to its employees to determine whether or when to return to work in the company’s offices, said George Walker, chief executive officer.

“Neuberger Berman operates in a no-questions-asked work environment,” Walker said, noting that if an employee is afraid or nervous about returning to their offices, they don’t have to. .

The return to work of employees at Neuberger Berman has started with only 10 to 15% of employees present in mid-2021. Since Labor Day, about 75% of staff are now working in their offices at least part of the time, Walker said.

Neuberger Berman managed $ 437 billion as of September 30 and was ranked No. 1 in the United States’ Top Employers with 1,000+ Employees Rankings.

Conference panel officials said a hybrid working model with a few days a week spent in the office and working remotely on the other days is a popular and important option for existing employees and potential hires.

At New York-based Schroder Investment Management North America Inc., employees have changed their approach to work since the COVID-19 outbreak and are eager to embrace a hybrid work model, with 90% of employees surveyed saying that they want to keep some flexibility in their working life in the future, said Racheal Hanifan, panel member, head of human resources.

Schroder North America is now hiring in what Ms. Hanifan described as a highly competitive talent market and workplace flexibility is something “every candidate asks”.

“People are rethinking what they want to do and their expectations for their careers have changed,” with employees now focusing on flexibility, sustainable employment and meaningful work, Ms. Hanifan said.

In response, Schroder North America changed its employee management policies to better serve employees with fewer formal exams and more coaching sessions, she said.

Schroder Investment Management North America, recognized in the category of large employers with between 100 and 499 employees, managed $ 172 billion as of September 30.

Other panelists said their companies have provided extraordinary support to employees throughout the COVID-19 pandemic as they deal with the challenges and stress that have arisen while working remotely.

For example, Polen Capital Management LLC in Boca Raton, Fla., Which managed an estimated $ 80 billion as of November 30, focused on providing its staff with free mental health counseling, said Rachel Trock, head of mental health. human resources, during the round table.

The program is “extremely popular with employees,” as is an annual allowance, part of which can also be used for consulting services, Ms. Trock said.

Because Polen employees “want to know they are being heard,” Ms. Trock said CEO Stan C. Moss spoke to each of the company’s 144 employees for a check, an action she took. described as very positive for employees.

Polen Capital does not demand or pressure its employees to come to company offices, but Ms. Trock said around 80% of employees work in their offices on a regular basis.

Polen won first place in the Large Employers category (100 to 499 US employees) in P&I’s Best Places to Work ranking.