DOES EMPLOYEE LOYALTY STILL EXIST?

According to a January 2007 article in Fortune magazine, “Surveys say that as many as 75 percent of employees are job hunting...and a sizable 44 percent of respondents [to a recent poll] are either looking for a new job right now or expect to start sometime this year.”

Keeping good people and avoiding brain drain is much less expensive than back filling, hiring and training.

It’s challenging to offer high quality services with a demoralized internal workforce. Wages, benefits and creating a vibrant work environment are all part of the process of becoming an employer of choice. Employers of choice have lower employee turnover. Loyalty directly results in an increase in productivity.

Reasons for decreases in employee loyalty include not feeling appreciated or acknowledged.

Employee retention issues start at the top of an organization. Are your company’s mission and vision clearly articulated? Is your company a great place to work?

Employees need to feel involved. Create opportunities for input on decision making.

Employee incentives and perks need not be expensive. Intangibles, such as recognition for a job well done or award certificates, are memorable.

Make employee retention part of your mission and vision.


GOAL SETTING FOR THE NEW YEAR

 

Back to work. Take the time to create a fresh start and new beginning by re-examining your goals.

What would you like to accomplish this year?

Areas in which to set goals can include:

  • Professional
  • Personal
  • Financial
  • Spiritual
  • Fitness
  • Health

The best way to set a goal is to write it down. Try writing one goal for each area on an index card. On the flip side, write what it will mean to you personally to achieve this goal. Or, post your goal in a prominent place.

Goal = Belief x Commitment*

The key to achieving a goal is believing that you can achieve it. Make a commitment to the outcome.

Challenge yourself!