MIAMI–(BUSINESS WIRE)–April 1, 2005–TigerDirect, Inc., http://www.TigerDirect.com, was today named the “Best Place to Work in South Florida” by the South Florida Business Journal. Among all the finalists in the category of “large companies (251+ employees)”, TigerDirect had the highest satisfaction score in the online surveys completed by its employees. The survey was developed by Right Management Consultants and administered by Q-MR Market Research. Other finalists for the award included Federal Express, ADP. T-Mobile and Enterprise rent-a-Car.
“We are very proud of the relationship we have built with our employees and the level of mutual trust and respect between company and worker,” says Gilbert Fiorentino, CEO of TigerDirect. “We know that creating a great place to work creates happy employees and happy employees make for the most satisfied customers.”
TigerDirect uses many ways to show its appreciation to its employees. In addition to competitive compensation and benefits, workers in South Florida enjoy a monthly “Breakfast of Champions” in which all of the company officers and executives come in at 6 am to cook and serve a full breakfast to every employee. There are also opportunities for all employees to win great prizes including cars and cash prizes, including all taxes. Over the past year, Tiger has raffled off 6 Mini-Cooper automobiles and awarded over $100,000 in cash prizes.
TigerDirect also rewards its salaried employees with a quarterly bonus program, where millions of dollars per year are distributed in the form of performance bonuses to employees. The important message here is that bonuses are awarded quarterly, so every employee is reviewed for performance against company objectives every few months. This constant feedback gives employees nearly real time performance reviews so that maximum results can be obtained from everyone’s efforts.
Mr. Fiorentino says: “As much as we enjoy doing all the fun things, what our employees appreciate the most is the two-way open communication we have. Employees at every level are constantly being told not just what we want them to do but also what our goals and objectives are and how successful we are at accomplishing them. We report almost every aspect of our company results to all managers, who in turn hold departmental meetings to share results and challenges on a weekly basis. This gives every employee an emotional stake in the company’s success.”
TigerDirect, Inc. employs over 500 South Floridians in its corporate headquarters, telemarketing center and 2 retail outlet stores in Miami. TigerDirect, Inc. is a wholly owned subsidiary of Systemax, Inc. (NYSE:SYX). Systemax utilizes an integrated system of branded e-commerce web sites, direct mail catalogs and relationship marketers to sell PC hardware, related computer products and industrial products in North America and Europe. Systemax Inc. is a Fortune 1000 company.
CONTACT: TigerDirect, Inc., Miami
Anthony P. Jones, 305-415-2905
or
TigerDirect.com
Lonny R. Paul, 305-415-2239
