Creating a desirable work environment requires a multi-faceted approach. At FCPT we:
- Are committed to pursuing the most talented and ethical people for every position
- We encourage and provide our employees with ample opportunity for professional development and training
- Promote a supportive infrastructure where employees can do their best work
- Provide economic incentives that lead to wealth creation aligned with our shareholders
- Treat everyone throughout the company with honesty and respect, including providing anti-harassment and diversity, equity and inclusion training to all employees, including management
- Manage our policies and operational controls relating to the health and safety of our employees and social risks facing the Company with our “ESG Committee” made up of the CEO and several dedicated employees, which meets quarterly and reports to our Board
If we accomplish our goal, we will have low employee turnover, high morale, long-tenured expertise, and team members who are also significant owners.
FCPT is committed to providing a safe, positive and engaging work environment for our team members. In addition, we have a commitment to being an equal opportunity employer.
Compensation and Health Benefits
Our employees are awarded compensation in line with those of our peers, including generous healthcare benefits (medical, dental, vision), participation in a 401(k) plan with a matching contribution from FCPT, and restricted stock awards.
The health and wellbeing of our team members is one of the cornerstones to our successful operations. Additional benefits and wellness efforts include, but are not limited to:
- Disability insurance
- Life insurance
- Fitness Reimbursement Program
- Weekly team lunches and healthy food options
- A commitment to sound office ergonomics, including standing desks for employees
- Paid Parental Leave program
- Flexible working schedules
- Bicycle storage space for commuters
- Additional benefits include One Medical and Headspace memberships, and an on-site Peloton
Development and Training
Finding and retaining talented employees is integral to the successful execution of our company’s business strategy. An important aspect is an ongoing performance review process for all team members as well as competency-based training to continue developing our talent. The company performs annual 360-degree reviews of management conducted by a third party who reports to our Board’s Compensation Committee.
The company strives to offer employees the appropriate resources to position them for success within the company. Examples of such training and development opportunities include:
- Group learning sessions; recent examples include presentation skills and negotiation strategies
- Tuition assistance for certain education programs
- Executive and officer-level individual coaching and training
- Reimbursement for online and in-person courses for professional and technical education, licenses, certificates, and/or advanced degrees
- Internship program
- Anti-Corruption, Anti-Harassment, and Diversity, Equity, and Inclusion training to all employees, including management
- Annual goal setting process and ongoing development meetings with management
We continuously evaluate our current operations, strive to improve our environmental performance, and implement sustainable business practices.
Our focus on sustainability is demonstrated by how we manage our day-to-day activities at our offices in Mill Valley, California and how we operate our business. To ensure we are paying attention to sustainability issues we:
- Review material environmental risks of our property acquisitions and business with the Board every quarter
- We consider a variety of environmental and social issues when underwriting potential acquisitions, including by reviewing both the property itself and the business practices of the potential tenant
- Conduct extensive environmental due diligence prior to acquiring any property, and only purchase properties free of environmental issues
- Power down all office equipment and lighting at the end of the day
- Encourage all employees to participate in our recycling program, which includes the recycling of all waste paper products, glass, metal, and electronic wastes, ink cartridges, batteries, cell phones and office equipment
- Offer multiple trip reduction programs designed to reduce our employees’ carbon footprints, including providing awards to employees for taking alternative uses of transportation and allowing the use of pre-tax earnings for costs related to commuting via public transportation
- Manage our environmental opportunities, risks and programs with our “ESG Committee” made up of the CEO and several dedicated employees, which meets quarterly; this team reports to our Board, and is tasked with monitoring our environmental performance and facilitating our environmental sustainability efforts