“Loyalty Needs No Favors?”
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?