Why is employee loyalty at a three-year low? Response to USA Today
There's an article on USAToday about a recent MetLife study, reported by Laura Petrecca that details how businesses are losing focus on their employees.
Key points:
- MetLife 9th Annual Study of Employee Benefits Trends
- Employee loyalty is at a three-year low
- Slightly more than one in three hope to find a new job in the next 12 months
This is evidence that companies are focused on getting work done instead of fully engaging their employees in a mutually-fulfilling company culture. In my opinion, this is the equivalent of driving your car 100,000 miles and never putting oil in it or getting a tune-up. At some point the car dies. In this case employees are reaching the breaking point where their relationship with their employer will end and employees will move on to what they perceive to be greener pastures with another company.
Don't let your people forget how much you need them.