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| | Fast Focus |
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Assurance is big on employee perks from dance lessons to fast
cash for contributing good ideas and good people.
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Once a p-c producer, Gould built the firm’s benefits
business, now runs it as COO.
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She’ll make a special effort to recruit college women to
the business.
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The Gould Life
Jackie’s World (Is A Very Cool
Space). She turns Assurance into an adventure.
By
Louise Lague
When it comes to benefits and employee retention, Assurance
Insurance of Schaumburg, Ill., walks its talk. Balloons
sporting $100 bills are taped to the chairs of worthy
employees. The gang enjoys salsa lessons on site, a penthouse
lounge with board games and books, nights at Second
City’s comedy theater, cruises on Lake Michigan,
discounted movie tickets, free nicotine patches, chair
massages, free fresh fruit, health club dues—it goes on
and on.
It’s been dubbed the ninth best place to work in
Chicagoland, which is no faint praise considering the
competition includes Nike and Yahoo, workplaces celebrated for
their hang-loose, high-bennie culture. Read the Web site and
meet employees at all levels, whimsically profiled with their
passions for sports trivia, Cocoa Krispies, and acting out
Disney movies.
If you were to visit, you might expect one of those toddler
mosh pits full of colored plastic balls, with employees
gleefully wiggling and giggling within. Not quite. There is a
formal reception desk and a running slide show of employees
doing volunteer work in the community. There is also a 5-foot
high cutout of a light bulb, dubbed Ivan Idea, who solicits
input from the gang. If your idea is used, bang! You get
$250.
The chief operating officer and official steward of frolic
is Jackie Gould, 42, former leader of the benefits practice,
who says, “We try to make it a fun workplace. We’re
not afraid to be corny or out there in some of our
events.” She claims to be too shy for the salsa lessons,
but she did pick out the blue glass jugs that adorn every table
in the penthouse lounge. “It just needed, you know, a
little color.”
While wacky ideas are always welcome, says Gould,
“sometimes we have to say, ‘Hey, we are a business,
and we still have to work. No pool tables.’”
That’s not a big problem since the employees also
enjoy a shared success program, with bonuses and kickers for
goals met.
The point of all this, says Gould, is “to put our
employees first, knowing that they in turn will put the clients
first.” Besides the parties and balloons, Gould says,
“we make sure they have the tools to do their jobs. Lots
of technology.”
Half of Assurance’s employees have been referred by
other employees, who get a bonus for bringing in new talent.
“Our current employees are the best storytellers,”
she says. Once the newbies arrive, they find not only copious
tuition reimbursements and a little bio in the employee
newsletter, but “a respectful culture, with open
doors—a flat organization, where people are treated
equally. On a compensation and benefits standpoint, we’re
very competitive.”
Employee benefits at Assurance are not just fun,
they’re also “an incubator for products and ideas
that we can test and then pass on to our benefits
customers,” says CEO Tony Chimino. “That was
Jackie’s idea. We try it out, we get data on how it
works.”
Onward and Upward
Assurance’s revenues have risen from $8 million to $37
million in the last 11 years, in a lovely, steady climb
upwards. Gould is largely responsible for doubling the staff of
the benefits department, which she headed for five years.
While a woman working in property and casualty “is a
standout,” says Gould, who has noticed that the line for
the men’s room is longer than the line for the
women’s room at p-c meetings, “I see more women in
leadership positions in benefits. It’s still insurance.
You’re managing risk and putting together programs. But
there’s a whole, huge, human element that enters into
benefits.”
Gould’s influence on the business extends from tech
system design to interior décor—and much in between.
It’s a surprising bag of tricks for a woman who swore, as
a college student, that she would pursue any career except
insurance and sales.
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