Honored
Leader: Larry Weinberg (CEO) and Josh Baker (President)
Company Name: BOWA Builders, Inc.
Location: McLean, Va.
Nature of Business: Construction
Founded: 1988
Revenue: $26.6 million
Growth Rate (2004): 24 percent
Number of Employees: 84
Average Tenure: 4.25
BOWA Builders is a 17-year-old, privately-owned, full-service construction
firm with 84 employees. CEO Larry Weinberg and President Josh Baker are
known for their fairness and for making decisions based on how they will
impact everyone in the organization, from top to bottom. They seek employee
input through a variety of methods and provide an array of incentives. Employees
receive rewards for adopted suggestions, met deadlines, good performance,
client satisfaction, and the profitability of projects. In addition, Weinberg
and Baker divide after-tax profits amongst all employees. BOWA highly values
employee development; each staff member creates personal development goals
and receives 60 to 80 hours of training annually. The firm is committed
to building a diverse, supportive workplace. It routinely recruits from
Latino communities, and the owners actively work to build bi-lingual competency
among all staff in order to better communicate with its Spanish-speaking
workers.
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