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A Little Weird

(1,754 posts)
Wed Feb 19, 2014, 09:09 AM Feb 2014

Why Big Ass Fans pays 30% above national average

Smith's policy of paying employees well goes back to a remark he heard in his 20s when he worked for an insurance company. A senior executive said the insurer could afford to pay people much more than they did -- but since employees were willing to accept low wages, why bother?

The comment, and the attitude behind it, rankled Smith so much that he began thinking of starting an enterprise "where employees could share in the company's financial success," Smith said.
http://money.cnn.com/2014/02/18/smallbusiness/big-ass-fans/index.html?iid=obnetwork


I don't think I've ever seen this brand of fan before but I will be on the lookout now. I'm always happy to hear about companies like this.
16 replies = new reply since forum marked as read
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Why Big Ass Fans pays 30% above national average (Original Post) A Little Weird Feb 2014 OP
Doubtful you'll ever see the brand, they make gigantic industrial fans. n/t FSogol Feb 2014 #1
Ok that explains it A Little Weird Feb 2014 #4
They used to be known for their large industrial fans but I've Esse Quam Videri Feb 2014 #6
They have started to move into residential. nt s-cubed Feb 2014 #11
My company does a lot of work with them. Initech Feb 2014 #14
Yeah, I've had contact with them over the years, but our bigger buildings are too complex FSogol Feb 2014 #15
My company is a bit like this.... Adrahil Feb 2014 #2
Where and do you need software engineers? hootinholler Feb 2014 #10
Sounds like a great company A Little Weird Feb 2014 #16
Love it! get the red out Feb 2014 #3
Hey I'm not too far from you! A Little Weird Feb 2014 #5
Ugh, the snake handler get the red out Feb 2014 #8
I've only seen the fan at my gym tabbycat31 Feb 2014 #7
Kudos to Big Ass Fans !!!! SamKnause Feb 2014 #9
Now c'mon, be truthful. Did anyone else take the thread title ..... oldhippie Feb 2014 #12
Cool! My company does a lot of business with them! Initech Feb 2014 #13

Esse Quam Videri

(685 posts)
6. They used to be known for their large industrial fans but I've
Wed Feb 19, 2014, 09:38 AM
Feb 2014

noticed them doing very modernistic varieties for residential use as of late:

http://www.haikufan.com/

Initech

(100,063 posts)
14. My company does a lot of work with them.
Wed Feb 19, 2014, 03:05 PM
Feb 2014

They even sent some representatives a while back to give a presentation. Their specialty is large overhead fans that are used in factories and airport hangars.

FSogol

(45,476 posts)
15. Yeah, I've had contact with them over the years, but our bigger buildings are too complex
Wed Feb 19, 2014, 03:08 PM
Feb 2014

and have too many other services to accommodate that large of a fan.

 

Adrahil

(13,340 posts)
2. My company is a bit like this....
Wed Feb 19, 2014, 09:16 AM
Feb 2014

... while they don't (and can't) pay 30% above average for most workers, they do pay substantially better than most places and the philosophy of the owners is straight forward: We take care of our people and they take care of us. The managing director makes 75% more than the average worker. EVERY employee gets health insurance and other bennies, even part timers. WE have a peer-based bonus system in addition to a management-based one, and employees get 2 hours a week to research any potential new project they want the company to pursue. If the company adopts the project, the employee is paid a bonus. The result? We tend to retain employees. Although bizarrely, recruitment has been tough lately.

Good things can happen when management and ownership treat employees like "one of us."

hootinholler

(26,449 posts)
10. Where and do you need software engineers?
Wed Feb 19, 2014, 11:13 AM
Feb 2014

I would love to get out of the dog eat dog contracting ratrace.

A Little Weird

(1,754 posts)
5. Hey I'm not too far from you!
Wed Feb 19, 2014, 09:33 AM
Feb 2014

I agree that it's great to hear of positive Kentucky stories. Especially after so many embarrassing one - like the recent snake handling pastor fiasco.

get the red out

(13,461 posts)
8. Ugh, the snake handler
Wed Feb 19, 2014, 10:05 AM
Feb 2014

That's hideous, and thankfully not a very popular religious group, but you wouldn't know it by the media.

We wear shoes here too, that might need to be publicized also!

tabbycat31

(6,336 posts)
7. I've only seen the fan at my gym
Wed Feb 19, 2014, 10:02 AM
Feb 2014

They're not exactly a housefan (this one is a giant ceiling fan that takes up most of the first floor of the gym). They live up to their name.

 

oldhippie

(3,249 posts)
12. Now c'mon, be truthful. Did anyone else take the thread title .....
Wed Feb 19, 2014, 02:13 PM
Feb 2014

.... to mean something entirely different?

Initech

(100,063 posts)
13. Cool! My company does a lot of business with them!
Wed Feb 19, 2014, 03:02 PM
Feb 2014

My company does a lot of work in the aerospace industry and we've installed a couple of their products at Santa Ana, San Bernardino, and Van Nuys airport hangars.

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