The survey also revealed that company priorities were not always being communicated clearly throughout the company. When priorities changed, the rationale for such changes was not always communicated throughout the organization. While we had previously established quarterly company-wide ‘townhall’ meetings to share financial and operational performance updates as well as strategy updates, the survey results indicated we could do a better job cascading information throughout the organization. As a result, after each future townhall meeting, members of the management team will meet with their employees to answer any questions around company priorities or other matters that may have been discussed during the meeting. Because our employees are located throughout the US, Brazil, Mexico, Spain and the UK and come from multiple backgrounds it is critical that we engage our employees through multiple channels to ensure we develop a common understanding of the company’s vision and are aligned around common goals. We continue to look for opportunities to build community within our global workforce as a means of leveraging our collective experience and expertise.
Providing a competitive benefits package is important for the well-being of our people as well as ensuring that the company is well situated to attract the best talent. During the past year, our existing health insurance provider reduced health care coverage. As a result, the company switched to another benefits provider that offers more comprehensive health insurance benefits at a lower cost to the company and its employees.