The Village Employee Benefit Fund (hereinafter VEBF) is a non-profit organization founded in 1999. It is a separate entity and not part of the POA or tied to POA employee benefits. VEBF was founded by property owners to recognize and thank hourly workers for their service. Monies come from the generous donations of property owners and businesses in the Village.
The purpose of this first of a series of articles is to help property owners understand exactly what the VEBF is, but more importantly, what it is not!
First, it is important to understand that the VEBF is a totally volunteer organization comprised of fellow property owners. There are no salaries paid and all funds collected are for the sole use and benefit of hourly employees of the POA. Any expenses incurred support our ability to educate, inform, and fundraise for this mission.
Second, and to dispel any myth that might exist, the VEBF is not an extension of, department of, or any way associated with the POA other than the property owners saying thank you to hourly employees for helping make Hot Springs Village the great place it is.
What the VEBF is all about is recognizing those hourly employees who show up day in and day out and get the job done by acknowledging what they mean to the community once a year with an appreciation cash gift. We will also assist those who apply and are approved for continuing education to increase their value to the community and their job function.
The three R’s of maintaining, or retaining employees are Respect, Recognition, and Reward. As property owners who expect great customer service when we have a need, it is in our best interest to do all we can to help retain employees. Our part in that process can be acknowledging that we appreciate our employees come the end of the year.
By Lloyd Sherman, VEBF Board Member
You can learn more about or donate at the VEBF website at www.vebf.org.
Please like us on Facebook at https://www.facebook.com/VEBFund.
POA hourly employee after receiving her cash envelope from the VEBF
on Appreciation Day, December 8, 2023.
By Lloyd Sherman, VEBF Board Member
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