Nobody downloaded yet

Build Employee Loyalty with Alternative HR Benefits - Essay Example

Comments (0) Cite this document
In any organization and company, giving attention to the management of the human resource can be considered as one of the most essential factor to success. Regardless of the type of business and objectives the company and organization have, aiming for the loyalty through proper…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.5% of users find it useful
Build Employee Loyalty with Alternative HR Benefits
Read TextPreview

Extract of sample "Build Employee Loyalty with Alternative HR Benefits"

Download file to see previous pages ed in prioritizing the employees and the members of the workforce is more essential than the operational and maintenance costs that can be saved in having people work in short terms or in laying employees off, which can be considered as the main trend in the current business world due to the different crisis experienced both in the national and the international community (Reichheld & Teal 96).
There are different advantages that can be derived from the maintenance and improvement of employee loyalty. One is the improvement in terms of the quality of work delivered by the employees on the basis of different reasons that can be considered as the management techniques of the company. The employees that are satisfied and motivated in the responsibilities held can be considered to positively contribute to the uplifting of the whole organization (Reichheld & Teal 96).
Another is the achievement of the important contribution of the employees in the process of maintaining customer loyalty. It had been considered that the loyalty of the clientele of a particular company can significantly be related to the loyalty of the employees. In addition, the importance that is given to the loyalty of the clients should be the same for the loyalty of the employee to be able to achieve the success that the organization is aiming for (Reichheld & Teal 96).
In the trade and business, the loyalty of the employees is promoted on the basis of the need to maintain the trade secrets and techniques of a particular company. This is important specifically due to the fact that the clients along with the different methods within an organization are entrusted to an employee. Due to this reason, employees have the responsibility to keep the trust of the company. This can be considered a duty but the quality of work as well as the dedication of the employees can be related to the loyalty which can be incurred through different methods within the administration and management of the company ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Build Employee Loyalty with Alternative HR Benefits Essay”, n.d.)
Build Employee Loyalty with Alternative HR Benefits Essay. Retrieved from
(Build Employee Loyalty With Alternative HR Benefits Essay)
Build Employee Loyalty With Alternative HR Benefits Essay.
“Build Employee Loyalty With Alternative HR Benefits Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Build Employee Loyalty with Alternative HR Benefits

Employee Loyalty at Investment Banks

...KEY FACTORS INFLUENCING EMPLOYEE LOYALTY AT INVESTMENT BANKS Aim The basic aim of the paper is determiningthe key factors influencing employee loyalty at investment banks in today's world. Objective The objective of this paper is crucial for investors and bank alike. This is because it is important to evaluate and analyse the level of loyalty of an employee on which the financial security of the customers and bankers depend. Rationale for the research The world is in the midst of an all-purpose technological revolution and the human component in this context occupies a huge place from the point of view of security and faith and this is...
6 Pages(1500 words)Essay

Employee Benefits

...may opt for the holidays in unison, and that this may become an issue, especially during festivals. Proper counseling and the mention of an appropriate clause in the contract will ensure that this plan is implemented soundly. The scheme of holidays may be devised as follows: Years of Service Average days per year 2 -5 years of service 11 6 -9 years of service 15 9-12 years of service 18 More than 12 years of service 21 Retirement Plan& Other Associated benefits This is another employee oriented measure that the management may hope to engage in. Popular schemes include the 401K savings plan and the various voluntary retirement plans. In a bid to be engaged to the Spa, the management may extended...
2 Pages(500 words)Essay

Employee benefits

...Employee Benefits Identify the primary reasons for the growth in employee benefits. The growth in employee benefits has come from the need to retain efficient workers in any organization. The lower the attrition rate, the higher the profits, and the long term prospects for the organization. The rising costs of recruiting the right staff are another reason for the growth in employee benefits. (The Basics of Employee Benefits) 2. Discuss the major issues affecting benefit planning, design, and administration. The major issues that affect...
4 Pages(1000 words)Essay

Employee Benefits

...Employees received monetary compensation for the work they perform for enterprises. This is what most people considered the pay employees received for work, but in reality there is a different type of pay which at times has a great impact in the standard of living of employees. This type of indirect pay is called fringe benefits, which is defined as non-salary employee compensation (investorwords, 2007). There are different types of employee benefits, some are mandatory by law while others are offered by the employer to increase the overall compensation package of the employees. Companies also offer these...
3 Pages(750 words)Essay

Employee Benefits

...IAS 19: Employee Benefits History International Accounting Standards (IAS) emerged in 1975 with publication of IAS 1and 2 on disclosure of accounting policies and valuation as well as the presentation of inventories using the historical cost system (Deloitte 2010a). Thereafter, IAS 3-18 was published between 1976 and 1982. IAS 19 was published in 1983 and has undergone series of revisions and amendments to date. The first publication of IAS 19 in 1983 described how employee retirement benefits are accounted for in the employers’ financial statements. IAS 19 was revised on 1993 and the revision was on review of retirement pension overheads. In 1998 and 2000, other...
6 Pages(1500 words)Essay

Employee Loyalty - Arbitration Paper

...Arbitration in Employee Rights Case Study: Allen Lopez vs ExtremeNet Mamie Borchert Kaplan Chad Brockman HU245-05: Ethics Arbitration in Employee Rights Case Study: Allen Lopez vs ExtremeNet Should Allen Lopez be allowed to keep his job with ExtremeNet? Allen Lopez has proved himself to be a conscientious employee, concerned about discrimination based on age and gender against other lower level employees. This quality in an employee needs to be cherished and encouraged by the management, since the members of most organizations are concerned only with their own rights and privileges, and few would care to fight for the rights of others. ...
2 Pages(500 words)Essay

Employee loyalty and retention

...among the staff influences employee retention. An individual in a supervisory role may build or fail to build positive relationships through actions entailing fairness, non-discrimination, flexibility, provision of feedback, recognition of effort, provision of support and work-family balance among many other considerations. Managers have to be conscious of the importance of employee relations since they are in a position to influence these relations. For instance, horizontal and vertical violence cause higher levels of turnover in practices such as nursing (Stanley 5). Employee relations is related to another factor of loyalty and...
3 Pages(750 words)Research Paper

Employee Benefits and Services

...Employee Benefits and Services Number] [02/02 In order to attract or retain a workforce, organizationneed to offer an incentive that could keep a non-citizen in the firm. One might ask the need to give rewards to a non-citizen equivalent to a citizen including retirement or health insurance plans, the simplest answer to this is they are equally competent, providing the similar services, acquinted with the same skills and hence working with loyalty towards the prosperity of the organisation. After a research, it has been found that the productivity and contribution of a non-citizen is relatively higher than a native US Citizen. The reason behind this is that he/she enters the country with...
1 Pages(250 words)Essay

Employee benefits

...Employee Benefits at Richemont Company in Switzerland Question One Richemont Company in Switzerland is the second biggest luxury goods firm globally and eighth biggest according to the Market Index of Switzerland by 2012. The company owns numerous globe’s leading firms in the area of luxury commodity. The company has an efficient code of conduct for its employees with various employee benefits. The company is committed to providing its staffs with safe and healthy working conditions and adherence to its general announcement to Human rights as well as other recognized labor Practice norms. Some of the employee benefits...
5 Pages(1250 words)Assignment

Employee Benefits

...Employee Benefits Employee Benefits Employees are en d to some benefits that should be offered all along their working periods. Additionally, upon retirement, employees also enjoy some retirement benefits as granted by the employment act. The employee benefit plans are established to provide health benefits, vacation benefits, disability benefits, training benefits, retirement benefits as well as death benefits among other similar benefits. These plans...
2 Pages(500 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Build Employee Loyalty with Alternative HR Benefits for FREE!

Contact Us