Stephani Simon's vision of workplace utopia at Inprela Communications, her Minneapolis public relations firm, is to make employees and clients happy — even if it sacrifices profits.
The name, Inprela, is a contraction for industrial public relations. Simon said the company gives clients daily attention "from strategy to execution to measurement" at affordable rates.
It specializes in business-to-business public relations in manufacturing and health care. Its staff understands clients' industries "pretty much out of the gate, which cuts out the learning curve a lot of clients see when they bring in new agencies," Simon said.
Rewarding employees first
To attract experienced talent and keep them happy, Simon offers a flexible work environment that she said rewards employees first.
Most earn higher-than-market salaries and get profit-sharing bonuses and competitive benefits, including paid parental leave and unlimited sick days that don't count against paid time off, Simon said. Some prefer a part-time schedule to spend more time with family.
Everyone sets their own hours, as long as they put in 40 hours a week and "we're getting great results for our clients," said Simon, who launched Inprela in 2010 after 11 years at LaBreche, a former Minneapolis public relations firm.
"I'm willing to sacrifice profits," Simon said, noting that the firm's open, modern space is functional rather than flashy. "That's where the biggest part of it comes in. I'm not financially motivated. … I'm not asking people to put in long hours. That gives us a better quality of thinking for clients."
After four years, Simon said her effort to "put this little utopia I had in my mind into place" appears to be succeeding. Revenue at Inprela, which has seven employees, nearly doubled last year to $804,000. Turnover has been low among employees and a roster of clients that includes 3M, Stratasys' RedEye division, Stryker Corp., Daikin Applied and H.B. Fuller.