Satisfied Employees
Perform Better.
This Employee
Loyalty feature
is included within
the StickyFeet
base platform
“If you wonder what getting and keeping the right employees has to do with getting and keeping the right customers, the answer is Everything”.
Frederick F Reichheld ~ Author of “The Loyalty Effect”.
Multiples of the salary it costs to replace
an employee
Increased profits earned by a Business halving
employee turnover
Employees likely to leave employment within two years
An estimate of up to what replacing one employee can cost
TURNOVER
The true cash-flow consequences of employee turnover far exceed most managers’ intuitive estimates
Frederick F Reichhold - Author of “The Loyalty Effect"
PRODUCTIVITY
“…the client could increase profits 50%
by cutting [employee] turnover in half.”
“…found that the top third in employee retention was also the top third in productivity, with 22% higher sales per employee than the bottom third”
PROFIT
“Stores with ‘low’ employee turnover had profit margins more than 50% higher than stores with high employee turnover”
Recognition
Recognising performance with a rewards program is great way to continuously motivate
employees and engage with them to achieve goals.
Happy Employees :)
A happy employee is a long-term employee which also keeps your staff turnover low.
They are also more likely to promote your brand in a
positive manner.
The Bottom Line is that Employee Loyalty is Directly Related To Company Profits.
