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|Articles - March 2012|
|Friday, March 02, 2012|
Page 2 of 6
Pacific Continental Bank
In 2009, the now 40-year-old bank actually experienced a small loss, so there was no match that year. But rather than accept an offer of a 50-cent match no matter the annual return, employees opted to be positive about the bank’s future.
“They said, ‘No, we want to be on the upside,’” says Hal Brown, CEO.
Pacific Continental has since rebounded, but Brown says the example typifies the commitment of the bank’s roughly 250 employees. Even more illustrative, he adds, is that 155 of those employees have been with Pacific Continental more than five years.
The bank doesn’t have massage tables for tellers or company beer nights; what it does have, according to Brown, is a culture of respect and appreciation for everyone. When someone asked him recently if he’d had to play his CEO card, Brown had to chuckle.
“I don’t think anybody plays the boss card here,” he says. “There is a mutual respect that just permeates the whole company.”
The employee spectrum at this educational technology company spans from Ph.D. scientists to laborers who pack cardboard boxes — and everything in between.
But according to company president David Vernier, such distinctions mean very little, setting the tone for what it’s like to work at Vernier.
“One of our strong suits is that nobody’s better than anybody else,” says Vernier, a former high school science teacher who founded the company in 1981.
At Vernier, that means that everyone works — and plays — together. On top of a slew of traditional benefits, the company, which develops data collection software and sensors for use in classrooms, hosts frequent parties, weekly volleyball, soccer and basketball games, and occasional movie days. Employees also get access to Vernier’s Sunriver condo for three days every year.
The company focuses plenty on sustainability initiatives, from its LEED-certified building to a smattering of fruit trees and blueberry bushes planted out back.
Vernier says creating such a work environment helps foster a workforce that’s healthy, happy and in it for the long haul.
“We don’t lose a lot of people,” he says.
Wednesday, August 19, 2015
BY CHRIS NOBLE
Oregon is home to an abundance of gritty warehouses reborn as trendy office spaces, as well as crafty hipsters turned entrepreneurs. Does the combination yield an equally bounteous office products sector? Not so much. Occupying the limited desk jockey space are Field Notes, a spinoff of Portland’s Draplin Design Company, and Schuttenworks, known for whittling Apple device stands. For a full complement of keyboard trays, docking stations and mouse pads, check out the GroveMade line, guaranteed to boost the cachet of even the lowliest cubicle drone.
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Wednesday, September 30, 2015
BY KIM MOORE
Striving for social equity is the mission of many nonprofits, and this year’s 100 Best Nonprofits to Work For in Oregon survey shows employees are most satisfied with their organizations’ fair treatment of differing racial, gender, disability, age and economic groups. But as a national discourse about racial discrimination and equity for low-income groups takes center stage, data show Oregon’s 100 Best Nonprofits to Work For still need to make progress on addressing these issues within their own organizations.
Thursday, September 24, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
Oregon's population is booming, and so are rental costs.
Thursday, August 20, 2015
Which of the following would be most effective in reducing the cost of operating a public university in Oregon?
Wednesday, August 19, 2015
BY JACOB PALMER
Live, Work, Play wit the CEO of Ruby Receptionists.
Monday, September 28, 2015
BY CHRIS NOBLE
This year has been so dry we were caught napping when it finally started to sprinkle. Hopefully you didn’t get caught in a downpour while eagerly awaiting — don’t deny it — our curation of Oregon-grown wet weather wear.
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