Retaining low-wage employees effective method

Keywords: low-wage employees manage human resources management pay reward low-wage employee contributions to organizations to help them balance work and life demands not only help to increase the loyalty of those employees, also put the company in the recruitment and employment aspects of savings. Apparel retailers Eddie Bauer, Harvard University, United States Bank (Bank of America), and other organizations or the direct use of bonuses, or meet the special needs of a group to help them solve practical problems for the staff and the company win-win situation.

Apparel retailing company Eddie Bauer in the United States there are 439 stores hire 6,200 hours work. Most of them are working in the ordinary, age 25 to 40 years old. At Eddie Bauer 7,200 staff, such a staff account for the vast majority. They are the company's face to the customer, they represent the Eddie Bauer.

Companies know how to speed up the merchandising of the most efficient approach is to pass on low-wage employees additional economic incentives to create a team of dedicated staff. In order to stimulate the hour work team of enthusiastic, the company introduced a bonus system whereby if a shop completed sales targets, the store's employees can get the equivalent of base pay extra 6.5% bonus. This direct pecuniary rewards may allow its employees to stay on the leap.

Eddie Bauer in the rewards are rewards low-wage workers. Other company is introduced to help pay for child care expenses, provide education and training expenses, or other forms of financial aid system. The system not only to this often neglected groups offer help, but also to increase staff loyalty and thus in the recruitment and retention in savings to the company.

In order to help low-wage workers, Eddie Bauer's human resources department and the company's retail operations teams jointly launched an incentive program. The plan provides that employee if help own retail store completed before the monthly sales goal, you will get a reward. Each store because of location, traffic conditions and past sales performance of different and have different sales targets. If a shop completed sales targets, then shop for a part-time job will be bonus. If a specific sales target, these timings workers can get an extra hour 35 cents. If sales exceeded 5% of the stated objectives, they can get an extra hour of 65 cents. These bonuses are based on attendance and work tracking software calculated and distributed by the month.

The plan worked very well. In recent years, Eddie Bauer 95% of store has at least one completed their monthly sales goals. To date, 84% of shops to meet or exceed their monthly sales goals.

Eddie Bauer company spokeswoman Eriksson (Lisa Erickson) said: "people like about this program, because the reward is to see touch, is instant. It is a great way to motivate staff morale. We are on the staff's hard work is rewarded. It is not possible, at the end may not have the kind of thing does not rely on the spectrum. What we need is to reward all the hours of work, and that a plan to meet this requirement. It enables us to recruit the employees are energetic, high-spirited. Employees therefore and energetic, and each month you can get a pen for his efforts and get bonus. "It should be noted that many of the Eddie Bauer sales specialist is to part-time students.