Recent

% | $
Quotes you view appear here for quick access.

Novation Companies, Inc. Message Board

  • wellsbay wellsbay Feb 21, 2014 1:39 PM Flag

    EMPLOYEE RETENTION AT CORVISA

    This week’s Milwaukee Business Journal features Corvisa on their cover, in an article about the difficulty in recruiting and keeping millennials, who are the core of today’s critical tech staff.

    Corvisa has become famous for its nerf guns, foosball tables, yoga classes and free food. But the company, which reports 140 employees, says it’s more about the culture and contributing to the goal of the organization. And, most important, they have been successful in keeping 20 and 30-somethings who have been an impatient group in the general workforce, jumping between jobs. Corvisa is also highlighted because of its innovative approach to making employees feel connected during work hours and outside.

    Corvisa has grown a lot in the last two years. It is great to be recognized. It will be even better for shareholders to see the results of all of this passion and how the “mission”, to provide software and tech support to the company’s three or four other subsidiaries, is playing out.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • have you mapped out a revenue plan for Corvisa? 140 people seems like a lot.

      • 1 Reply to batraa
      • The article said Corvisa had 140 employees; I think it’s closer to 100 because the higher count probably includes CorvisaCloud employees, and, of course CC is an entirely different operation and one designed to make a profit. Don't forget Corvisa is a shared services company, so there has never been a "revenue plan" for them; they simply do work and bill the sub they are doing the work for.

        In order for Streetlinks to stay near the top of AMCs and hopefully capitalize on consolidation in the industry, they have to keep up with the technological changes (automated valuation models, for example) going on in the industry. All the competition is scrambling, and that will cost money going forward.

        CorvisaCloud can only be successful with similar software enhancements. And, why do you think Advent has a 9-person Corvisa team at a time when Advent is content with operating at last year’s speed? Obviously, this team relates to the “re-positioning” of Advent and only time will tell if it makes sense.

    • the milwaukee area is home to johnson controls, manpower, kohl’s, oshkosh, harley davidson, rockwell automation, fiserv, manitowoc, bemis, snap-on, a.o smith, briggs & stratton, mgic, northwestern mutual, kohler……..and corvisa made the cover…….

 
NOVC
0.1150.000(0.00%)Feb 9 12:40 PMEST