How To Reward Loyal Employees

Even in what continues to be a tight labor market at least for the time being, a recent survey by Workest revealed that almost two-thirds of responding companies listed retaining top talent as a greater challenge than recruiting top talent.

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Accordingly, the people at Benefits Pro have put together a list 5 strategies that can be useful when you’re trying to reward loyalty and maybe hold on to some of the valuable employees you've already recruited and who have become essential to your company’s mission, as well.

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The recommended strategies include providing a clearly laid out career path that shows employs where their work can take them if they put in the effort; being flexible in terms of scheduling, which is a perk in its own right but also displays trust and confidence; funding additional education, which leads to both loyalty and a better trained and educated staff; allowing employees to serve as representatives of your office to outsiders, which helps align personal and professional identity and agenda; and using current employees to train new employees, which conveys the idea the employees’ knowledge is valued and provides an additional opportunity for you to pay them for sharing that knowledge. 

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You can find that piece here.