Why it Matters

U.S. businesses spend as much as two-thirds of their operating budgets on labor and the costs associated with it. Companies are learning the hard way that keeping employees on the job is fast becoming a real business necessity.
Consider:

• Nearly 60 percent of the workforce is categorized as either trapped (feeling as if they have not other option but to stay) or high risk (plan to leave their current employer within the next two years).
• Ninety-two percent of loyal employees will recommend their company as a good place to work, compared to just 39 percent of those employees classified as trapped or high risk.
• Just 48 percent of employees said their company treats employees as its most important asset.

These statistics and many others explain why it is so important to have a loyal and committed workforce – not only is it the right thing to do for the people in your company, it makes solid financial sense. Clearly, employee loyalty and retention have a direct impact on the bottom line.

Find out more about how you can improve your bottom line by building a loyal workforce. Contact us today to learn more about developing an employee loyalty program for your organization.