As news of the ‘Great Resignation’ and a tight labor market continues to make headlines, our group of companies has made significant strides to keep our employees happy and engaged. With robust client needs and business at an all-time high, there are a few major changes the agency put into place to reward our team and increase employee retention.
At The PM Group’s annual Christmas Luncheon on December 6th, we unveiled a new bonus program called “The Lagniappe Bonus”. Lagniappe in French means ‘a little something extra’. The goal of the program is to give our employees a little something extra over and above compensation programs already in place to show our immense appreciation for their work.
Starting in January 2022, every employee will receive an additional $6,500 in annual compensation! That’s right every employee. Part of the money will be paid throughout the year as part of each employees bi-weekly payroll with $2,500 paid out early December each year at our Christmas Party. The Lagniappe bonus plus the existing Christmas tenure bonus and Volunteerism Matters bonus pushes employee compensation to the highest level ever, providing a significant total compensation package.
The company also announced new paid holidays in 2022, giving employees more PTO time off.
When health insurance premiums increased by 9% for 2022, the company agreed to pay 100% of the difference.
Finally, our hybrid work schedule will continue indefinitely, providing more work-life balance for our staff.
“In order to stay competitive, we have to be innovative in our approach to retaining our most valuable asset, our employees,” stated Bob Wills, PM Group CEO and Founder. “These programs demonstrate our commitment to maintaining employee satisfaction.”
“When your employer recognizes the contributions of the entire agency team with a substantial and unexpected bonus and increased benefits, you know you’re working for the right company,” said The PM Group’s VP of Account Services, Kathy Schmitt.
“The PM Group strives to be San Antonio’s advertising agency employer of choice. Continually improving benefits, balance and productivity will remain an important objective to ensure our employees want to grow with us over the long term,” stated Fran Yanity, PMG’s President & Chief Operating Officer.
About The PM Group: The PM Group was founded in 1988. For over 33 years, the agency has continued to grow and is San Antonio’s largest advertising agency. The PM Group’s client roster spans numerous industries including home services, automotive, CPG, entertainment and sports marketing, legal, business services, non-profits, real estate and fitness. For two consecutive years now, the Agency has set annual revenue records with the addition of six new clients and through the continued success of our existing clients. Additionally, the agency hosts their annual Charity Gala that to date has raised millions of dollars for local San Antonio area non-profit organizations in the last 15 years! In 2020 alone, the Agency donated over $1,050,000 to local non-profits. It is our way of giving back to the community that we so humbly serve.