Lamacchia Companies Announces 401K Matching for Staff
Anthony Lamacchia and Vice President of Finance Sarah Chaisson recently announced that all employees of Lamacchia Realty, Lamacchia Property management, Real Training and Systems and sister company Lamacchia Development will offer 401k matching for its over sixty staff members. The match will be up to a certain percentage of each employee’s salary. Lamacchia began the 401K program in 2019 and has recently improved the company’s offerings by now contributing to staff retirement.
“As the leader of the companies, I feel a strong sense of responsibility to ensure our staff are properly aligned financially not only now but when they retire. I have been wanting to do this for a long time. I’m glad we were able to surprise our 2020 participants of those in our company’s 401k by matching for last year and am excited to do it continuously in the years to come. – Anthony Lamacchia, CEO/Owner of Lamacchia Companies.
“I am so excited to be able to offer a match to our employees as their future is very important to us. We want to make sure that we have the proper tools in place for our employees to have what they need when they are able to retire.” – Sarah Chaisson, Vice President of Finance and the first employee who started with Anthony in 2005.
While many companies have suspended 401K matching for their employees during this uncertain time, Lamacchia did the opposite. This move demonstrates the company’s dedication to their employees and their futures, regardless of the market. Lamacchia Realty made a similarly bold move and provided additional support for its agents during the 2020 Covid-19 crisis by lowering fees, raising splits, eliminating contracts and adding Success Guides for its Realtors. Retention rate and employee satisfaction remain high at all of the Lamacchia Companies. The positive culture among leadership, staff, and agents continues to be fun, positive, and supportive. Lamacchia is the fastest-growing independent brokerage in Massachusetts and it is one of the top five fastest-growing brokerages overall in the state year to date in 2020.