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Right now it is not a good time to be an employee for many companies. Many companies out there are cutting wages and other benefits right now using the economic times as a way to cut costs on the backs of their employees.
Many companies have freezed wages, lower starting salaries, and cutting any benefits they can. One of the major retail chain went through and fired all their store employees then required them to reapply for them at lower wages and fewer to no benefits.
Compare that to what a grocery store I shop at has done. They went through and gave EVERY single employee in their store a $2.00 an hour wage to help them out during these tough economic times. Many people seeing that will probably think that this was some PR thing that they did. However, the company has not publicized it because they did it to help out their employees.
If you were an employee, which company would you want to be working for?
Your employees are the biggest assets your company has, yet so many companies just look at employees as a wage cost and don't see the value they bring to the business. Is it any wonder that there is so little employee loyalty?
I am not saying that all employees are perfect and you will have some bad employees, but if you treat your employees with respect and treat them like the assets they are, you will have a better group of employees.
If you want the best employees, you need to treat them like they are.