Skip to main content

ABC's Of Leadership - L Is For Loyalty


By E. Elizabeth Carter

Does company loyalty exist anymore? The definition of company loyalty has certainly changed over the years. Gone are the days when an employee would stay with one company for thirty years, especially since that is what employers valued back then. Even staying with one company for ten years is becoming a thing of the past. Now it seems like the longer you stay at a job, the less marketable you become.

This change in company loyalty has become very apparent with Millennials, who are men and women born between 1982 and the early 2000's. Millennials tend to change jobs every couple of years, if they even stay that long. They appear to have no sense of loyalty to their employer but instead want new challenges and recognition, so by switching companies, they supposedly will continue to grow and develop their careers.

According to Deloitte's 2016 Millennial Survey, where they collected the opinions of nearly 8,000 Millennials from 29 countries, many Millennials felt "underutilized" and "undeveloped as leaders", which was why they stated they are constantly on the move. They are continuously looking for companies that offer them development opportunities to broaden their skills, and they want more ownership over their projects.

In order to slow down the constant turnover of employees, leaders need to invest more in the talent they have. If they feel like their employees are under-performing, then they should make sure the company's perks, incentives, and development opportunities are creating enough enthusiasm before assuming it is all the employees' doing. Employers need to make sure it is not just their needs being met, but also those of their employees. They need to create a path for career growth within the company, which includes investing in the younger generations. This is not an easy task because each employee has his or her own expectations of what he or she wants, so leaders need to take the time to understand each individual's unique wants and desires.

If loyalty can be looked at as a commitment to keep employees of all ages productive, involved, and fulfilled, it can continue to be fostered in the workplace. The result will then benefit both the employer and the employees.

As a leader, have you thought about what changes need to be made in your company that will benefit both you and your employees?

Other "L" words to ponder - lead, listen, and leverage.

Article Source: ABC's Of Leadership - L Is For Loyalty

Comments

Popular posts from this blog

Kecemburuan semacam ini

Jacey melemparkan cangkir kopi kaca, (Mug Kaca Berinsulasi Dinding Ganda Zwilling), melintasi dapur. Itu menghantam dinding yang baru dicat (Behr, Sweet Coconut Milk, M230), dan hancur menjadi triliunan kepingan. "Inilah yang telah kamu lakukan pada kami!" teriaknya, suaranya berderak karena cemburu, kuku jarinya yang terawat (Orly Cold As Ice - perawatan bernapas + warna) menusuk udara ke arah tumpukan puing-puing kaca. Blayne menundukkan kepalanya, dagu keduanya mengenai dadanya terlebih dahulu. "Maaf, sayang," gumamnya. "Maaf?! Maaf!" Dia mengambil sekotak Wheat Thins dan mengangkatnya di atas kepalanya. "Tolong jangan melempar yang lain!" Blayne memohon, berdiri dari posisi setengah duduk di bangku logam di dapur. Ini adalah bangku yang sangat tidak nyaman (Bangku Meja Grejsi dengan Bingkai Logam), tetapi Jacey menyukai cara logam itu memantulkan sinar matahari di sore hari, jadi itulah yang dia beli. Dia mencondongkan tubuh ke arahnya,...

Thirteenth step

My grandmother attends the church basement on Tuesday evenings. I saw him there among the metal folding chairs and antique coffee pots, his figure trembling under the fluorescent lights that buzzed like dying insects. She wears the same powder blue pullover she was buried in, the one with pearl buttons that catch the light like little moons. Others can't see it, of course. They just feel a sudden chill as they pass by where she is, or smell the ghostly smell of her Shalimar perfume mixing with the smell of burnt coffee that never leaves these rooms. But I see clearly. He's been following me to AA meetings for three months since I got my first white chip after five years of being back in the bottle. "Your grandmother was my godmother in 1985," old Pete told me after tonight's meeting, hands shaking as he poured a seven-pack of Sweet'n Low into his coffee. "Toughest godmother I ever had. She saved my life." "Mine, too," I said, not specif...

A-Z of Corporate Governance Law

Corporate governance law can be seen as the law that states the way a company is regulated and managed. Any student of law must have a clear idea about the corporate governance law. This article provides an insight into the law, along with its importance. Corporate governance law  describes how a company will be managed and governed. This topic is an important one for any student pursuing a degree in law. They may also receive academic papers to write on it. Hence, individuals should be clear about this law. The article aims at clarifying the idea behind the law and why it is important. What exactly is corporate governance law? A business is directed and controlled by the system of corporate governance. It is a process for governing a company, establishing the policies, customs, and laws for all employees, starting from the highest to the lowest levels. It states the distribution of responsibilities and rights among the various participants in a company like the di...