Los Alamos National Bank (LANB) New Mexico won the Malcolm Baldrige Quality Award in 2000: LANB reduced employee turnover in its operations department from 34% in 1999 to 17% as of June 2000. One reason for the reduced turnover was the creation of an Employee Stock Ownership Plan (ESOP) and an employee profit sharing plan.…

BPIR Categories

9.5.4 Develop & manage base & variable compensation
9.6.4 Manage & administer employee benefits
9.10.2 Analyse the impact of rewards/training/well-being

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