"Our mission is to create peace of mind and build enduring relationships."
Bob Lancaster Insurance's mission statement is the core of our culture. Our customers always come first, and we strive to provide them with the products and service that best respond to their needs. Building trust and fostering loyal, long-lasting relationships are the essence of who we are and fundamental parts of our company values.
Putting our mission statement to work
Our employees work hard to connect with our customers on a very real and personal level. Find out what Bob Lancaster’s mission means to them and how they carry it out every day.
Bob Lancaster Insurance, serving Florida's insurance needs since 1964. Contact us today at 321-725-1620 - see what we can do for YOU and YOUR BUSINESS!
Thursday, December 22, 2016
Gift Yourself These Insurance Coverages for the Holidays - Why Extra Insurance Coverage May Be Useful This Season – and Beyond
Tuesday, December 20, 2016
An important question: How do you come up with a realistic figure for turnover costs in your business? Here's an example,
|A. Annual pay for the position, $18,000B. Annual benefits, taxes and|
insurance cost for the position, $ 5,400C. Total pay, benefits, taxes, insurance (A plus B), $23,400
D. Percent of first year that new employee is unproductive, 25 percentE. Cost of unproductive time (C times D ), $5,850
F. Recruiting costs (such as advertising), $500G. Management cost to recruit, interview, train, supervise new employee (first year hourstimes hourly management rate, $50, $2,500Estimated turnover cost(E plus F plus G)....................$ 8,850
Now imagine if this business had a turnover rate of 20 percent. The employer would have a total replacement cost of $267,100 ($13,355 times 20).
The Washington, DC-based research group included the price of recruiting new applicants, selecting replacements, training new employees, and lost productivity expenses caused by departing staff members and incurred by new employees.
The result pegs the turnover costs at an average of 25 percent of an employee's annual income.
Average Turnover by
|Professional business services||$14,975|