Stellar Industries, Inc. just completed another fiscal year. As you may or may not know, we operate on a November 1 to October 31 fiscal year. Last week was very busy closing out one year and getting ready to embark on yet another. Good news: We closed out our 2012/2013 fiscal year on a very high note!
In the previous blog posting, Stellar’s Human Resources Manager, Leanne Van Oort, explained how important it is to maintain a healthy workplace. The positive effects that have been seen from the Stellar Wellness plan are profound. So much so, in fact, that we were able to show hard savings in what we had budgeted for health care expense and what was actually realized in per employee health care expense over the past couple of years. As a direct result of these savings Stellar returned these savings back to the employees that participated in these programs in the form of a cash rebate. The amount of this payment was in excess of $2000 per qualified participant! Now that’s one heck of a way to close a year! With everyone’s continued hard work in managing their wellness and health, It is the intention to continue this program going forward and we hope we can continue to reap the benefits of operating a healthy workplace. It’s all just part of what makes “Our People” and this place “Stellar!”