Employee loyalty is a set of emotions that make employees feel attached to their current employer.
Employees are assets of any organisation. They should have the feeling that the organisation wants the best for them, and as a result, they will continue to do their best and never look for another job. They are the people that work day in, and day out to boost the business and help the organisation to achieve goals, and loyal employees can do absolute wonders for the future of building the brand. Organisations are highly dependent on employees' loyalty for organisational success. Earlier there was a concept of 'Permanent employment’, where employers offered the security of a job in exchange for commitment and loyalty. mba colleges in bangalore list
But at the same time, Employers are pressurised to run their businesses. Today, employers are under pressure from shareholders to perform well and as a result cannot always offer job security. It is not surprising then that some companies are losing around one-third of their employee base every year. A++ Rated MBA college in Bangalore
Many business leaders are worried about excessive staff turnover, particularly among young employees. Young people have grown up with information on-demand, and connected to apps such as Twitter and Facebook they are constantly informed of new job opportunities by their networks. All businesses will need to hire millennials eventually to keep them going, and when they do it’s crucial that they do whatever, they can to engender the kind of loyalty required to retain them. mba colleges in bangalore list
Loyal employees are those who are hired to do a specific job and they will do everything they can to do the best job. Loyal employees not only work hard for their pay, but they are committed to the success of your company. More often than not, they put the company’s interests ahead of their own, but are always striving to improve themselves and their role. mba business analytics bangalore
The following qualities of a good employee can be vital for success, and the employer can consider developing them to enhance your skills, job application, and candidacy for future interviews: mba colleges in bangalore list
1. Self-Motivation
Good employees are self-motivated and committed to excellence. They understand the importance of their job and want to do it well. Self-motivated /employees are also usually more likely to take additional responsibilities and demonstrate higher levels of engagement and loyalty. They align their personal growth and career development goals with that of the company and strive to excel in everything they do.
2. Dedication.
Having dedication essentially means being disciplined and committed to work. Dedicated employees can usually manage their roles and responsibilities easily and have a sense of passion for their work. They tend to be timely, efficient and perform tasks with utmost sincerity. Dedicated employees are also usually ambitious and are willing to work hard to improve their skills.
3. Trustworthiness
Companies want employees that they can trust, often with confidential business information and secrets. When an employee is trustworthy and reliable, companies give them important work and believe in them to do the job well. private mba colleges in bangalore
4. Moral integrity and honesty
Companies trust honest employees to do the right thing and make the right decisions in the organisation's best interests.Strong communication skills can help you interact better with clients, managers, customers and colleagues, reduce misunderstandings and help avoid conflicts. Having strong written communication skills can also help you write better emails and reports. online mba colleges in bangalore
5. Leadership
Strong leadership skills can expedite your career progress and make you a manager or team leader. It is important to note that leadership involves more than merely leading a group of people to achieve goals. good mba colleges in bangalore
6. Emotional intelligence & awareness
Emotional intelligence and self-awareness can be essential for success in today's world. By understanding your own strengths, weaknesses, emotions, and biases, you can be more aware of your limitations and know when to seek support while working. Similarly, by being mindful of your emotions and that of your colleagues, you can manage communication, feedback, and conflict in a much better way.
7. Responsible
Good employees take responsibility for their successes and failures and evoke a sense of trust from their managers and colleagues. They demonstrate values such as dependability, punctuality, and autonomy. By working independently and taking ownership of their work, employees can show that they can work on their own. Responsible and trusted employees are usually very focused, resourceful, time-efficient, and cognisant of the overall developments in their projects or department.
9. Creativity
The first step to developing your creative skills and being more innovative is to master your subject or domain. Once you have a comprehensive understanding of your field, you can begin experimenting with new tools, processes, and models to solve existing problems.
10. Team work
When employees can work with each other in teams successfully, it helps achieve company and business goals, improve the workplace culture, and build professional relationships. Many leaders and hiring managers look for teamwork and team spirit when interviewing candidates for open positions.
Here are few tips to create loyalty among employees
1)Strong leadership attitude-Be a part of the responsibility taken by employees by motivating them.
2)Building a strong bondage with trust. The result is they project your business to social media.
3)Avoid Discrimination. Treat all your employees with equality. Abusive bosses and co-workers greatly increase stress (and therefore turnover). Ensure that you treat everyone fairly and be known as a manager who has integrity.
4)Reward your loyal and potential employees.
5)Be supportive and caring. Loyal employees feel at home.
6)Training and development are needed for updating and organisational development.
7)Make two-way communication. Allow your employees to speak and listen to them. There is no need to act accordingly. But two-way communication is required so that your employees understand organisational needs and work accordingly.
8) Try to meet all employees at least once in a month. If not possible once in two months.
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