On episode 62 of The HR Famous Podcast, long-time HR leaders (and friends) Tim Sackett and Kris Dunn come together to discuss the concept of employee loyalty, whether employers should expect it, the 2-way nature of the concept and how to grow employee loyalty at your company.
Listen below (click this link if you don’t see the player) and be sure to subscribe, rate, and review (Apple Podcasts) and follow (Spotify)!
SHOW HIGHLIGHTS:
2:00 - No JLee today because she’s out on vacation (at least we think).
4:00 - Tim, KD, and JLee always volunteered to coach or lead their kids’ groups because they wanted the job done right. Any other fellow HR pros like that for their kids?
7:20 - First topic of the day: employee loyalty. Many employers feel that employee loyalty is dead but on the flip side, many employees feel that their employers are not loyal to them. Tim doesn’t think that people just showing up to a job is loyalty.
9:00 - Tim talks about one of his employees (shoutout to Lori) that has been at his company for as long as he can remember and shows extreme loyalty to him and the business.
12:00 - Something that Tim thinks shows employee loyalty and something he sees in Lori is her protectiveness over the company. She’s the first to point out someone’s bad behavior, but not in a narc way.
14:40 - KD thinks that a quality manager is essential for any employee loyalty to exist.
17:00 - KD asks Tim “does a loyal employee ever become a part of layoffs?”. Tim says absolutely not.
20:30 - Tim thinks that only about 10% of employees are truly loyal, but companies with great cultures can go up to 50% of employees that are loyal.
22:00 - KD says that if you can poach someone for little to no salary increase, that means they’re running from a burning ship.
25:30 - Tim’s TedTalk conclusion: the breakdown of employee loyalty rests out business environment and performance.
---------------Jessica Lee, Kris Dunn and Tim Sackett
Kinetix
HRU Tech
Jessica Lee on LinkedIn
Tim Sackett on Linkedin
Kris Dunn on LinkedIn
The Tim Sackett Project
The HR Capitalist
Fistful of Talent
Boss Leadership Training Series
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33 - HR Jobs of the Future from Harvard Business Review, Virtual Learning for Kids
32 - LinkedIn is not Tinder, US Postal System Overtime Earnings
31 - Google Moves to Unhip Annual Performance Reviews, IBM is the CHRO Move of the Week
30 - Is Johnny Taylor Good for SHRM and HR?
29 - Why HR Generalists Are Winning During COVID + Salesforce Parental Leave
28 - California Gets Crazier in Going After Uber and Lyft
27 - McLovin Is Back! Plus New Data on WFH Impact on Meetings
26 - When Employees Pass Around Salary Worksheets (Blizzard Entertainment)
25 - Paid Voting Time Off at Apple, Trump Pushes Skills vs Degrees
24 - Complicated Career Expectations in the Modern World for New Grads + Notes on Hamilton
23 - TikTok On Company Phones, Unemployment $$ Crushes RTW
22 - Talking HR Reporting with Shana Lebowitz Gaynor of Business Insider
21 - NFL Rooney Rule + VMware's Minority and Female Recruiting Pivot
20 - Adidas CHRO on Ropes, SCOTUS Ruling, Pronouns & Micromanaging
19 - Starbucks Work Uniform Woes and Hourly Hiring
18 - Torin Ellis - Going All In on D&I in 2020
17 - Crocs and Compensation Strategy in a COVID World
16 – Ed Baldwin, HR Leader at Mikron (RTW in COVID America)
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