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The Edge for Sepember 2023

An Exclusive Article for NJ ChamberEdge

This Month's ChamberEdge Contributors

Small businesses trying to keep their star employees these days are dealing with a “war on talent.” So the N.J. Chamber recently brought together four New Jersey job recruiters to talk about how small business can retain talent, and keep team members from moving to competitors. Read some of what they said below.

 

Pay Your Team Competitively

Nick MalefytThe most common reasons people leave or stay at companies, as you would guess, are salary, benefits, corporate culture and opportunity to advance. All of these come in to play and it’s important for employers to learn what they can do to keep people. Some small employers may not have a human resources department, but it is important that they pay their employees competitively. Listen to the candidates that you're interviewing. If they are all asking for $20,000 more than you are offering, it could be time to raise your salary level for the position.

– Nick Malefyt, President, Master Search Solutions

 

Recruit Candidates that Match Your Organization’s Culture

Rachel AnevskiIt’s surprising to me that employers – from small businesses to large corporations – don't invest the time, money and energy into identifying what their culture is. Once you identify who you are and what your organization is, you can start aligning all of your recruitment strategies to find a person that fits in to your culture. Otherwise, you're often going to be recruiting people that don't meet the same cultural goals that your organization has.

– Rachel Anevski, Founder and CEO, Matters of Management, LLC

 

Treat Employees with Dignity and Respect

Pia House WalkerAsk (employees) what their favorite food is, so they can get comfortable with you. Ask them if the job is what they expected it to be. It's about building one-on-one relationships so (employees) can get comfortable with you and you can be comfortable with them. And it’s about making sure that both of you understand that you're a team working together. They are working professionals and they’re human beings, and relationships are part of their overall wellness. You have to put yourself in the shoes of the employees and treat them how you would want to be treated – with dignity and respect.

– Pia Walker, Senior Vice President | Chief Human Resources & Diversity Officer, St. Joseph's Health

 

Recognize and Reward Good Work

Chris SchubertCreate employee recognition programs that can range from financial incentives to handwritten cards recognizing a job well done. It shows that the manager and ultimately the company cares. There are a lot of rewards to offer: Schedule flexibility, summer hours and even a parking spot for employee of the month. Employees will feel good about these things.

– Chris Schubert, Manager of Talent & Retention, J. Fletcher Creamer & Son, Inc.

 

Responses for this article were edited for space and clarity.

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Newsmakers

Carolyn Welsh

NJ Sharing Network CEO Carolyn Welsh was honored by the organization for her 25 years of service in advancing the organization’s lifesaving efforts through the recovery and placement of donated organs and tissue in the state. Headquartered in New Providence, NJ Sharing Network partners with 54 hospitals to provide hope for nearly 4,000 N.J. residents waiting for a lifesaving organ transplant.


Betty Larson

Merck appointed 20-year health care industry veteran Betty Larson as executive vice president and chief human resources officer, the Rahway-based pharmaceutical giant announced. Larson is responsible for global human resources and diversity, equity and inclusion for the company. She comes to Merck from GE HealthCare, where she served as chief people officer.


Public Service Enterprise Group Foundation sent a $1.45 million gift to Stevens Institute of Technology to further develop sustainability programming at the school and develop a pipeline of talent prepared to address threats to sustainable development. This gift, the latest in a long relationship between the school and PSEG, will enable the school to create the Stevens Center for Sustainability.


Delta Dental of New Jersey announced that Stuart Brereton was named its new vice president and chief sales officer. Brereton previously was regional vice president at Prudential Financial, and spent many years before that at The Hartford, where he began as a sales executive, serving the large group market and ascending to the position of regional sales director. 


EisnerAmper, the global business advisory firm with a heavy presence in New Jersey, announced it will combine forces with Alabama-based tax and real estate consulting firm Tidwell Group LLC, in a transaction expected to close in May. Tidwell has 40 partners and a staff of more than 200 professionals in six offices across Alabama, Georgia, Texas and Ohio.


The M&T Charitable Foundation is awarding $900,000 in grants to commemorate its 30th anniversary – including a $30,000 grant to the affordable housing project of Habitat for Humanity of Passaic County in Paterson. Founded in 1993, the M&T Charitable Foundation is the philanthropic arm of M&T Bank.


TD Bank elevated Matthew “Matt” Boss to head of U.S Consumer Banking, the Cherry Hill-based financial institution announced. In his expanded role, Boss will be responsible for TD’s more than 1,100 store locations, contact centers, digital sales and capabilities, retail operations, U.S. Wealth and TD Auto Finance, while continuing to oversee all consumer product teams.


Hackensack Meridian Neuroscience Institute at JFK University Medical Center in Edison recently received a major research grant from the National Institute of Neurological Disorders and Stroke. The five-year award of more than $2.2 million will be used to study a novel approach to treating traumatic brain injury.


Camden-based American Water Charitable Foundation recently donated $250,000 to the American Red Cross as part of the foundation’s Disaster Relief Grant Program.


Aaron Hajart was named COO of Community Medical Center in Toms River, officials at RWJBarnabas Health announced. Hajart has experience within the RWJBarnabas Health system, serving as the Southern Region senior vice president for service line and practice integration. In this position, Hajart led initiatives reducing long-term admissions by 85% and cut unnecessary patient days by 14,000 per year.


New Jersey Institute of Technology’s Martin Tuchman School of Management announced it will offer a new concentration in business and sports data analytics beginning in the fall.