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employee loyalty Tagged Articles
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Measure And Build Employee And Customer Loyalty
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| The two most important measurements in your business are not revenue and net profit. While these are clearly desired outcomes, to get them one must focus on employee loyalty and customer loyalty, in that order. More employee loyalty drives customer loyalty, resulting in more revenue and profit. It is that simple! |
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Manufacturing Loyal Employees: Is it Possible?
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| How do you create loyal, motivated employees if you can't make them stand and cheer? I have observed many firms attempt to create loyalty and an inspiration for hard work amongst their staff. One financial planning firm has actually gone to the extreme in attempting to create a staff of loyal, committed staff people. But what has transpired, instead, is more of an episode of The Office than a truly inspired workforce. The reason: loyalty is not something you can force upon people or manufacture; it is earned through the relationships you establish with your employees. |
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Lesson #1: “Take care of your people and they will take care of your customers.”
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| Marriott got to where he did in the business world by relying on a strong team of colleagues and employees around him. He rose through the ranks by focusing on honing his managerial skills, by ensuring that he was building the best possible team around him. |
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J. Willard Marriott Quotes
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| J. Willard Marriott Quotes |
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Q What sort of bonuses should we pay
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| A. "It's not about the money."
Usually, when people say this, they are lying.
Except, it turns out, at work. |
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Becoming The Employer of Choice - How to boost staff loyalty - without buying it
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| With regional labour shortages intensifying, some managers are struggling to keep even mediocre employees. Unfortunately, far too many managers figure the only way to gain staff loyalty is to buy it. That’s a myth – and it’s an excuse that you shouldn’t accept of yourself or other managers. Of course money is important – but there is another way to gain employee loyalty that doesn’t cost a thing... |
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Preparing for the upturn - Retaining and attracting the best skills in the market.
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| With the first signs of economic recovery upon us employers need to be prepared for the upturn, they need to focus on retaining skills and keep employees engaged in their work, if voluntary turnover increases after an economic downturn, then companies have to bear the costs to recruit, train, and attract new employees to replace those who have left. Replacing lost employees quickly becomes expensive. Not only does turnover have financial implications, it also impacts workplace performance. However this is just the tip of the iceberg as customer relationships are impacted, knowledge is lost and often other employees have to pick up the slack, causing increased levels of stress among the remaining workforce. |
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The Interview Process in a Nutshell
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| Have you ever thought about the full cost of hiring a new employee? There are the obvious costs: placing an ad, the wages spent on time looking at resumes and conducting interviews, pre-employment physical, reference checks.
Then there are the less obvious costs: wages for training time of both the trainer and new employee, lost productivity while the position is vacant, lost productivity while the new employee learns and gets up to speed, the cost of mistakes.
When you add it all up it definitely motivates you to minimize employee turnover, doesn’t it? And there are many strategies an employer can utilize to create an environment that inspires employee loyalty. But the first and most important step is making the right hiring decision. |
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Promote Work-Life Balance to Retain and Motivate Employees
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| As a manager, you may cringe when you hear the phrase "Work-Life Balance," which is viewed by many employers as a code phrase for "work less." But is the trend toward employees demanding more balance between their careers and their other obligations and interests entirely negative for employers? Viewed from a positive perspective, Work-Life Balance can be one of your best tools to retain and motivate your employees. |
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Managing Up in a Down Economy
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| Secure your future by proving yourself indispensable on the job |
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"10 Ways To Improve Employee Loyalty"
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| Any successful business owner will tell you that finding quality and loyal employees is very difficult. In most respects this cut throat world that we live in is to blame. No matter how good a company is there is always a place that seems to be better. This is the old grass is greener on the other side of the fence type thought process. |
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Results are in of a new study...
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| As the head of a large corporation you probably understand that there is a definite need for a corporate rewards program. You realize that although the promise of a paycheck and the possibility of health care might be enough to convince an employee to show up every day for work the same paycheck often isn’t enough for that same employee to put his best foot foreword and dedicate themselves, heart and soul to making the company all it can be. This type of employee does little to increase sale figures or production output, they do not bring out the best in customer service, they aren’t normally good team players, and they certainly don’t make the work place an inviting place which in turn doesn’t inspire perfect attendance. |
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New Study of Corporate Rewards Program Proves...
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| Considering that a recent study from the Incentive Federation has shown that a good corporate reward program can improve sales and production as much as forty-four percent a company can hardly afford not to have a corporate reward program. |
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The Memo From HR Says Maybe To Green
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| The highly respected Society for Human Resource Management has released its 2008 Green Workplace Survey and of the HR professionals polled, 50% said they had a formal or informal eco-strategy but on the other hand, 43% said they didn’t have one and didn’t see implementing one in the next year. Find out about the latest trends in greening the HR department.
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