31 Jul 2024
Polysciences Response
1yThank you for taking the time to share your feedback. We value hearing from our employees, past and present, as it helps us to continually improve. We are deeply concerned about the issues you’ve raised and want to address them directly.
While we have had people leave voluntarily and involuntarily from the organization as all companies experience, the turnover rate for Polysciences for 2024 to date is 12.5%, against BLS.gov benchmark of 24.2% and our turnover rate for 2023 was 21.8% against the BLS benchmark of 46.2% As far as work-life balance, we strive to respect and support our employees' personal time. The concerns about being contacted during vacations or family events are taken very seriously. Our policy and practice are to ensure that all employees have a work-life balance and are not asked to work or are contacted during their vacation time. As a company, to promote work-life balance, the company offers ½ Day Summer and December Friday’s, 4-day work week schedule, and hybrid work where applicable. The company offers competitive PTO and salaried employees typically work between 40-45 hours per week.
Neither Polysciences nor Kyfora are “floundering”, Polysciences has experienced +20% growth over the last five years and expects to exceed budget and prior year performance in 2024, proving the company is in healthy standing. Kyfora products have seen extreme exponential growth in recent years. While 2024 started with challenges, all indications point to a healthy rebound in line with the overall industry.
Safety is our #1 priority. We boast an employee led Safety committee that meets monthly and implements and reviews employee suggestions. All employees are required to complete monthly online safety training. We average over 2+ safety suggestions per employee per year (350+ annually). We are proactive and focus on leading versus lagging indicators. Polysciences surpassed over 400 days in 2023-24 without an OSHA recordable injury and have TCIR/LTIR results of less than 0.6, well below industry standard. We take the safety of our employees seriously and have safety measures in place to prevent accidents and create a secure workplace.
Our leadership team, including our owner, is committed to making the workplace engaging and enjoyable. We have made significant investment in improving the facilities, including new locker rooms, bathrooms, breakroom, and kitchen area. He strives to keep benefit costs low while providing robust coverage. Our owner genuinely cares about the well-being of the employees and their personal lives.