Ferguson Enterprises sent a letter to its vendors and manufacturers representatives that is intended to discourage the "raiding" of its employees.
Ferguson Enterprises sent a letter in late April to its vendors and manufacturers representatives that is intended to discourage the "raiding" of its employees. Saying that it spends millions of dollars annually to recruit and train its associates, the company asserts that it will protect that investment "in every way legally possible.'
"We're proud of our people," Charles A. Banks, president and CEO, told Supply House Times. "They're our best asset. If you look at our turnover and the stability of the company, it's not like we're losing thousands of people. But if we lose even one associate to someone we feel is our business partner, we feel that's unethical. The letter is basically a heads-up to people who shouldn't take advantage of being in our house."