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MAIN FACTORS THAT INFLUENCE THE LOYALTY OF EMPLOYEES.
0 comments15-05-2020
MAIN FACTORS THAT INFLUENCE THE LOYALTY OF EMPLOYEES.
In today’s generation loyalty is one thing which is rarely
seen as with the fast moving world, people too are fast in changing their jobs.
But when I see earlier generation (my father’s generation),
30 years in one organization is common.
LOYALTY, has been my core value which made me stick to my
company for now 8 years and looking for many more to come. (Seems like it comes
in my genes J )
During my experience I have come across many to question
“WHAT MAKES YOU STICK TO YOUR COMPANY?” and my simple answer is “THERE ARE MANY
REASONS”
Mentioning few
pointers that influences the loyalty of an employee:
Employees and employers go hand in hand when it comes to
loyalty… Loyalty of employees depends on two main factors - healthy practice HP
(much related to employer) and motivational practice MP (related to employee)
Factors under HP
(Health Practice)
1. Working environment:
Generally work conditions affects the working of employees.
The most important thing that influences employee motivation and happiness, and
how productive and efficient they can be, all goes down to their working
environment. ... A healthy workplace environment improves productivity and
reduces costs related to absenteeism, turnover.
2. Job Security:
Secure employees can do their best work.
When it comes to improving your financial stability, keeping
your career goals on track is the most important thing one can do. ... By doing
their best work and concentrating on their career trajectory, they can build
status.
3. Remuneration :
Remuneration plays an important role in stability of an
employee. Ensure that remuneration is fair and equitable for employees across
the organisation. Motivate employees to increase their productivity and
continually improve their performance and output.
When an employee is given equal responsibility and authority,
it increases the confidence of the employee and feels responsible for his and
his team duties towards the company.
Appreciation and respect
Loyalty is a two way street. If you want your employees to
be loyal to your business, it’s important that your business shows loyalty to
them in return.
Your employees need to know that their roles are relatively
secure, that they are valued, and that you view them as much more than a
replaceable commodity. Recognise the value that each employee brings to the
team and the individual role they play in the organisation, provide regular
encouragement and feedback, and thank your staff for their work.
3. Opportunities and Development
Training and development is a key factor in employee
loyalty.
Training ensures that your staff have the skills, knowledge
and resources to do their job, and do it well. Scheduling regular training
sessions for your employees, or giving them the opportunity to choose and
attend a set number of training courses each year, will not only expand their
skillset, but will also reinforce that they are valued by the company, and that
you want them to stay.
Opportunities for training and development also help ensure that your employees see a future for themselves within the organisation.
To conclude I would say there is a very thin line between
the employee and employer relation. Showing the employee how much you care can
build your brand loyalty in the future.
Roshni Shah
Sr. Client Partner
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