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Category Archives: Employee Loyalty
How to Develop an Employee Retention Strategy Part 2
You need to consistently try to receive employee feedback, including lost employees, to adjust it further based on what works and what doesn’t. Only then can you hope to have a strategy that will maintain the best employees in the organization. Read more…
Sick Days Rewards – A Small Change for a Big Difference Part 2
Sick days that turn into some type of financial incentive are providing employees with more income for the time they spend there, or act as a bigger bonus, forced savings account, or more for the employee. Read more…
7 Myths About Employee Retention Part 2
Employee retention is very important. But it can only be successful if your company understands how it works and is willing to take the right steps to change it. Avoid falling for the above myths and research your employees thoroughly to get a better understanding of their loyalty and their needs. Read more…
7 Myths About Employee Retention Part 1
Employees leave companies for a variety of reasons, and yes – it’s conceivable that pressure can be one of them – but if that’s the case it will almost always be communicated. Often employees leave when their other needs are not being met, not because their job is too hard. Employees that feel their talents are wasted or they’re not being given more responsibility no matter how hard they work may look for better work elsewhere. Read more…
What is the Difference Between Employee Satisfaction and Loyalty?
Those that work with satisfaction and loyalty often use the two terms interchangeably. After all, there is logical link between employee satisfaction and employee loyalty. Employees that are more satisfied are likely to stay at their job longer than those that are dissatisfied, and employees that are loyal are more likely to be satisfied employees than employees that are disloyal. Read more…
5 Tips to Improve Employee Loyalty
Employee loyalty research and efforts are surprisingly lacking. There is a decent focus on employee satisfaction – and indeed, employee satisfaction does go a long way to improve loyalty – but the two are not entirely linked. You need to make sure that you’re making an effort to improve the loyalty of your employees directly. Here are several tips for improving that loyalty. Read more…
Prospective Matching Between Loyalty and Desired Employees
Employee loyalty is an important measure. Since the costs of replacing even an “adequate” employee can far exceed the internal costs of improving that same employee’s loyalty, ensuring that employees plan to stay with the company is crucial to long term business success. Read more…
Types of Loyalty Part 2
Far too many companies fall into the trap of believing the only kind of loyalty is committed loyalty. The reality is that customers shop at dozens of places every week, and employees have countless jobs they would rather be doing. Your company should be working for committed loyalty, since that is the only loyalty type that is based on true belief in the company. The other types of loyalty are not nearly as strong. Read more…
Types of Loyalty Part 1
Having this many terms for loyalty can make loyalty confusing. However, one of the reasons there are so many different terms is because loyalty – like satisfaction – can differ between businesses. It depends on what the products are, the needs for the products, the need for the company, the number of competitors, and so on – all of these create mindsets that are lumped into groups like “satisfaction” and “loyalty.” So over the next few articles, we’ll take a look at some of the terms people use to describe loyalty to hopefully clarify the way loyalty is understood by those new to the research. Read more…
How Useful is an Employee Review? Part 1
For years, businesses have used semi-annual reviews to evaluate employees. A supervisor or several supervisors sit in a room and discuss what the employee did or didn’t do. Often they even ask the employee to fill out a self-evaluation, which is a curious thing to ask an employee to do in its own right, and they sit awkwardly and discuss what the employee has done over the past year. Read more…
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