Acquiring highly qualified candidates is an ongoing challenge for businesses across all industries. The competition between employers to entice talented applicants is fierce, as the job market leans much more in employees’ favor. Retaining those employees is an equally significant concern. Cultivating a strong sense of culture is crucial for developing a loyal workforce. Understanding employee motivations is also essential to retaining them. The following statistics provide several insights on how to improve employee retention by creating a sense of loyalty:
- More than three-quarters of employees believe a strong company culture fosters their best work.
- Nearly three-quarters of millennials and 65% of Gen Z believe their job is integral to their identity.
- 70% of employees stay with their employer for the long term because they received excellent onboarding.
- Nearly 70% of employees indicate they would work harder at their job if their employer showed greater appreciation for their work.
- Businesses that cultivate a culture of learning enjoy a retention rate that’s 30-50% higher than those that don’t.
- Around 44% of employees will look for a new job if their employer doesn’t act on their feedback
- The odds of employees quitting rise 16% if they feel uneasy about providing feedback to their supervisors.
- Employees who rate their manager’s performance as poor are 4X more likely to quit
- Employees are 20% more likely to stay if they are advancing in their careers or believe they have career growth opportunities.
- Millennials are more loyal than many employers realize, as most intend to work for their organization for at least a decade.
Employee loyalty is critical for productivity and long-term success as a business. It typically costs around one-third of an employee’s salary to replace them, and it’s impossible to regain the time and productivity lost during their vacancy. Securing employee loyalty is a complex process, but employers can implement several simple changes to work toward that goal. Encouraging feedback, acting on it quickly and meaningfully, and recognizing their work often are good places to start.
However, it’s not always clear to company leadership why their turnover rate is so high. Tracking attendance data can help provide insights, such as identifying once-punctual employees that are now habitually late or a rising absenteeism trend within a specific team or department. A scheduling conflict or an under-performing manager may be the root of the problem. Collecting this data is crucial to untangling the salient details and implementing effective changes. Contact Actec to learn how our absence tracking mobile app can help your efforts to improve employee loyalty and absence reporting.

Replacing an employee is a costly venture, as businesses can spend up to two times that employee’s salary to fill their vacancy. It takes time, recruiting efforts, and training to find and bring the new hire up to speed. Lost productivity and work errors also contribute to the high cost.
The term quiet quitting dates back to 2009, but it didn’t take off as an actionable concept until 2022. Quiet quitting culture has become ubiquitous in the workplace, as Gallup reports at least half of the U.S. workforce are quiet quitters. The term is a misnomer, however, as these employees have no intention of leaving their job. Instead, quiet quitting means performing the job as written and maintaining that firm boundary. As a result, employees are doing what their job description stipulates—no more, no less, and certainly no overtime.
Working from home became an unavoidable reality during the pandemic. Many businesses have cautiously resumed in-person operations, but numerous continue to offer the option to work from home for part of the workweek. Some companies are 100% remote by choice, either due to a distributed workforce or the nature of their services.
Employees coveted work-from-home benefits well before the pandemic made it a common practice. Now that COVID restrictions are easing, many workplaces are shifting back to working in the office. However, modern companies understand how much employees value working from home and are implementing a hybrid workweek. With employees working remotely for part of each workweek, they need a home office that is comfortable and promotes creativity and productivity.
As the pandemic restrictions loosen in severity, many businesses are resuming in-office work hours. However, not all employees are excited to return to the workplace, and their reasons aren’t as clearcut as employers may believe. The following are some illuminating insights into employees’ reluctance to resume onsite work and how to address them.
The pandemic forced many companies to shift to an all-remote staff, but many are returning to the office as the omicron surge wanes. Flexibility and the option to telework are here to stay, and employees are likely to divide their time between the office and at home. However, employees have grown used to their home offices. The layout is to their liking, snacks are readily available, and their productivity is impressive. If their workspace at the office falls short by comparison, they aren’t going to want to be there. It’s also likely to tank their engagement and hinder their work output.
Mental health difficulties aren’t personal problems that employees can deal with off the clock. Stress, anxiety, depression, and other mental health issues have far-reaching effects. Workplace stress compounds these issues, which can lead to burnout, poor productivity, and absenteeism. Here are some of the benefits companies reap when they support employees’ mental and emotional wellbeing:
Every company has big-picture goals, but it’s not always a straightforward matter to achieve them. Managers may struggle to keep employees engaged, or employees may not understand their role in the process. Team- or company-wide goals are easy enough to grasp, but how to accomplish them becomes murky when broken down to the employee level. Using the SMART approach to setting goals can cut through this confusion and allow employees to engage with their work to the best of their ability.