Washington Post: At The Bozzuto Group, a Discount for Staffers on Home Purchases and Upgrades
January 06, 2014
Company: The Bozzuto Group.
When Kelly Allbritton and her husband were thinking about decamping from the District to the suburbs, they considered two options: They could purchase a new home, or they could move into a home they already owned in Columbia that they were renting out.
Thanks to a benefit from Allbritton’s employer, Bozzuto Group, the first option seemed like the more attractive one.
Through the Greenbelt-based real estate developer’s Employee Home Purchase Program, employees that purchase a Bozzuto-built home are eligible to receive a discount credit of $350 for each month they’ve been employed with the company, up to a maximum of 4 percent of total purchase price.
“The deal was too good to pass up,” Allbritton said.
Staffers also receive a 10 percent discount on any options and upgrades they might want for a new-build home. For her home in the Shipley’s Grant development in Ellicott City, Allbritton used this perk to get a better price on extras such as marble countertops, hardwood floors on the second level, and an audio system that allows TV or music to be played throughout the house. The audio system, she said, has been a favorite of her husband’s, especially during football season.
In addition to the discounts, Bozzuto provides one day of paid time off to deal with moving.
Allbritton said the benefit is a powerful tool for encouraging employees to stay with the company.
“It’s like a thank you for being employed with us,” Allbritton said.