A small business owner in Provo, Utah, is hanging onto all of his employees in tough economic times — and rather than letting people go during today’s inflation and labor shortage, he’s retraining them as needed and investing in them in order to keep his business as strong as possible.
It’s a commitment to employees that’s noteworthy — and speaks to employer values beyond the raw numbers.
“What we’re doing is actually investing more into the employees that we have,” said owner Chad Pritchard of Fat Daddy’s Pizzeria in Provo.
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“I think that’s an important distinction that we’ve made,” he also said — as opposed to “hoarding” employees, which is a term economists sometimes use.
“We’re trying to keep the employees that we have trained,” he added, “and trying to keep them — we’re investing in them so that we don’t lose them.”
Pritchard also said, “One of the things that we’re doing is, when there are discipline problems or things in the past when we used to do write-ups [on employees] or fire people, we’re [now] saying, ‘Hey, can we retrain these people? Can we keep them around? Can we come up with creative ways to handle these issues?’”
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Also, he said, some employees don’t have the depth of experience that perhaps they should have in certain roles.
So, he said, “we’re taking the time to train them and get them to the point where we can use them as our regular employees.”
So — this small business is perhaps giving employees second, third and fourth chances, noted Fox News’ Rachel Campos-Duffy.
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In terms of today’s labor shortage across the country, Pritchard said that Provo, Utah, has very low unemployment — as opposed to other areas around the nation.
“And we have a very highly educated population,” he said.
“We have two universities right near us,” he said.
As a result, many tech companies or tech-related firms are snapping up workers.
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He said, “We just don’t have the traditional employees that we used to have.”
Added Pritchard, “The college-age students just aren’t working the way they did in this industry. A lot of tech jobs and things like that have taken them.”
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