Thanks to all of you who took time to comment on my “how to reward loyalty” blog. All the observations were well thought-out, and many of them had interesting takeaways. Rather than imposing my own views, I would like to leave you all with yet another dimension of approaching debate topics…
Sometimes, it is not necessary that pros and cons of a debate topic have to be at loggerheads. Such as, in this case, perhaps the best way to reward loyalty is NOT to reward loyalty?! To appreciate this contradictory statement, one needs to get down to the basics and do a cause and effect analysis.
Emphasis on Loyalty Frustration for relative new comers
Departure of performers amongst new comers
Drought of performers at the top in the long run
Company stops doing well
Opportunities to reward employees start drying up
Departure of loyalists
Company concentrated with job hoppers!!
Emphasis on Performance Frustration of non-performing loyalists
Their departures replaced by upcoming performers
Top tier is concentrated with performers
Company starts performing better
Growth rewards trickle down to employees
Retention of employees
Company concentrated with loyalists!!!
For the record, Cybage has never given “Loyalty” any weightage in its appraisal parameters. Isn’t it ironical then that many of Cybage’s top-tier employees actually started their professional career with the organization?
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