Independent Survey Recognizes Payroll Vault for Outstanding Company Culture and Employee Engagement in the Franchise Sector
FOR IMMEDIATE RELEASE by JUN 20, 2022
Littleton, Colorado, June 20, 2022 – Payroll Vault was named a finalist for the 2022 Franchising@WORK Awards by Franchise Business Review. The awards recognize franchise companies with the highest employee satisfaction based on an independent survey of their corporate franchise staff.
As a fast-growing payroll and workforce management solutions franchise, Payroll Vault provides the opportunity to own a boutique-style full-service payroll company supported by a team of experts. Headquartered in Littleton, Colorado, Payroll Vault’s mission is focused on Re-defining payroll services and is complemented with unequaled client service.
Franchise Business Review (FBR), a market research firm that specializes in benchmarking satisfaction within the franchising sector, conducts surveys of corporate franchise employees, franchise supplier employees, and franchise owners’ employees across North America each year to determine their levels of engagement.
FBR recently conducted the industry-wide Franchising@WORK Employee Engagement & Compensation Benchmarking Study to provide aggregate data to help franchise companies understand how their culture and engagement compare to others. All corporate franchise employees were invited to participate.
Participants were asked 24 core benchmark questions related to job satisfaction, engagement, skills and experience, management, brand leadership, and culture.
Franchise companies that participated in Franchise Business Review’s employee engagement research were eligible for the Franchising@WORK Awards. FBR analyzed data from nearly 5,500 franchise professionals to identify the finalists based on responses from their employees in eight key areas.
“If there’s been one positive to emerge from the pandemic, it’s that the importance of employee engagement is now at the forefront for many more organizations,” said Michelle Rowan, president & COO of Franchise Business Review. “The labor shortage that resulted from the pandemic has impacted the franchising sector significantly, but the franchise companies that prioritize well-being and a positive culture continue to attract great hires, retain their best employees, and grow their brand. We are proud to recognize the companies that are setting themselves apart as an employer of choice in the franchise sector through their commitment to employee engagement, asking for feedback, and involving their teams in building a positive culture.”
“We are honored to be a finalist for Franchise Business Review’s Franchising@WORK Awards. Thank you! We continue to believe in, and remain committed to, cultivating a strong brand and company culture that will spill over into our corporate team, into the franchise system, and throughout each of our local communities,” stated Sean Manning, CEO/Founder of Payroll Vault. “We remain highly engaged with our corporate team, franchise owners, and their teams to ensure that they have the support they need to be successful – initially and ongoing throughout our franchisees’ franchise career with Payroll Vault. This combination has proven to lend to a healthy and continuously strengthening culture.”
About the Payroll Vault Brand
Payroll Vault’s mission began in 2008, focused on re-defining payroll services and solutions, complemented with unparalleled customer service. Payroll Vault offers boutique-style payroll services for small businesses and provides a real-time solution for clients. In 2012, Payroll Vault launched its first franchise. Through providing entrepreneurs the opportunity to start-up their own full-service payroll business with the support of our team of experts with decades of experience, Payroll Vault Franchising is recognized as a national leader in the industry with numerous offices across the United States and expanding.
About Franchise Business Review
Franchise Business Review (FBR) is a leading independent market research firm that specializes in benchmarking franchisee satisfaction and employee engagement. FBR provides franchise companies with benchmarks and best practices to improve satisfaction, employee engagement and retention. FBR has partnered with over 1,100 top-performing franchise companies to drive franchise growth and achieve greater success through data-driven insights. Learn more about FBR’s research at Tour.FranchiseBusinessReview.com.