Make the Most of Your Company Loyalty After the Recession
Employee loyalty is a great selling point in the post-recession economy. Loyal employees can bargain with their employers even while disgruntled workers change employers. Departing workers may believe the grass is
greener, expecting better working conditions in the next job. Some are fed up with three years of cost-cutting, and others feel it is okay to leave their job because of new job growth in 2010. If you have stayed with your employer for the last few years and you like your position, you can use your company loyalty to improve your employment situation. The following ideas benefit loyal employees with different attitudes about seeking a promotion in the post-recession period.
*Emphasize your loyalty. If you want to stay in your present employment, now is the perfect time to position yourself for a promotion. Employers spend thousands of dollars recruiting employees to replace workers who separate from the company. Use your loyalty as a selling point when you go to the boss’s office to discuss a promotion. You might even bargain your way to a higher salary than the boss would be willing to offer to an external candidate.
*Focus on your performance appraisal this year. Not every employee feels their present employment record will position them for a promotion. Focus on meeting all of your performance and behavior targets this year. Ask for help from your boss when you are not sure how to improve. Aiming for a promotion might be more appropriate next year when you have an excellent evaluation under your belt.
*Help coworkers develop themselves in preparation for their own advancement opportunities. Some employees do not crave a promotion because they are happy with their job. If that is your situation, help coworkers meet their development needs. You can also work with managers to reassign job tasks, helping loyal employees to be satisfied with revised job descriptions. If you are highly valued for building workplace relationships and making contributions beyond your position description, you might be rewarded with more compensation…
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