How You Can Foster Employee Loyalty At Your Tech Company

The tech world seems to be full of people jumping from company to company trying to get ahead in their careers. Often times when people jump around like this it can hurt their career as companies looking to hire will see they lack employee loyalty. This cannot be place all on the worker as certain companies treat their employees far better than others. The internet has allowed people to voice complaints about their companies online which plenty of people review before going on an interview. Treating employees well in numerous ways can foster employee loyalty which will help the bottom line as training new employees can be a huge killer of cash flow depending on employee turnover. The following are ideas and tips to help improve employee loyalty at your tech company.

Comfortable Working Environment

Being able to wear anything you want or sit in a massage chair during breaks can give a comfortable feeling that will result in quality work. Flex hours also can be a huge deal as some people would rather come in early and leave early while others will enjoy a few extra hours of sleep. These hours are very convenient for people that might have an appointment or pick their kids up from school. Other things that foster comfort is an open office rather than being trapped in some kind of cubicle.

Stress On Company Culture

Hiring people that are going to get along is important as having friends at work can make communication far easier. Team building activities can only do so much if people do not have things in common outside of the workplace. Take the time to get to know people before hiring them as you might find that they could kill the atmosphere in the office. Employees usually do not understand how good they have it until a person with a negative attitude is hired.

Work From Home Privileges

Working from home is the best perk that many people can be given whether they are single without kids or have a family. Being able to work from anywhere allows a parent to spend more time at home and a single person to travel the world without having to miss out on work/pay.  With this being said those working from home should have production monitored with a time tracking software to make sure they are not just sitting around on days they work from home.

Competitive Pay and Bonuses

The above perk can be enough for people to take a lower salary but for the most part people want to be compensated fairly. Bonuses for high performers can help foster loyalty as people just want to be recognized plus a bonus check never hurts. Take the time to evaluate pricing for clients to see if you might need to raise them in order for raises in salaries not to impact the bottom line. Clients that are going to renew their contract due to the quality of work usually are willing to pay a little more to continue working together rather than spend the time that could potentially be a waste to find another contractor.