As service sector businesses we know that the biggest asset in your organisation goes home every day and you have to trust that they come back the next day. The immense knowledge of your business and understanding of your customers that your employees cary with them is indisputable. The question is why you are not more focussed on ensuring employee loyalty? The CIPD in the UK puts huge focus on employee engagement and motivation, certainly an important part of breeding loyalty in your employees.
People want to feel valued. We have an instinctive need to belong, to be part of a team, and to feel worthwhile.
So, to engender loyalty, you need to:
At the end of the day, loyalty comes from your work culture. When people feel like they’re working together towards some great goal, with ample opportunity to put their opinions forward, learn and advance, work hard and get rewarded for that hard work, they’ll do almost anything for ‘their people.’
You can also do yourself a favor by having a robust leaving process that identifies why people leave your organisation. It’s possible that the things you think are going wrong, aren’t the actual problem.
For example, studies have shown that around 4 out of 5 managers believed that staff who left were doing so for better pay and benefits, but the same amount of employees stated that money was notthe first reason that they left.
By asking why people leave, you can see if there are holes in your organisation that might otherwise go unnoticed. You can also buffer this by asking your staff why they stay. By identifying the reasons that your existing employees enjoy working for your organisation, you can identify the things that you should focus on more.
In the end, loyalty is a road that runs both ways. Your employees will only be loyal to the company when they believe that the company is loyal to them.
But by doing this, and creating a culture of loyalty and connection, you can build a team of motivated and happy people who would do anything for each other. And for you. And that is something that can’t be bought.
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