Hyatt’s employee retention strategy focuses on all employees, not just those in corporate or managerial roles. ![]() They offer an outstanding training program, hire and promote from their existing staff pool, and are committed to employing a diverse workforce. Hyatt is a company that walks the walk when it comes to investing in their employees, even teaming up with organizations like Khan Academy to upskill their employees and allow them access to more career opportunities when they’re ready to move on from Hyatt. Hyatt staff cite tangible benefits like travel discounts, free or reduced-price on-site meals at any of the hotel’s restaurants, and tuition reimbursement as just a few reasons they stay with the company. Hyatt mitigates this issue by including housekeeping staff - typically the staff group with the highest turnover rates in hospitality - in their employee engagement strategy. It’s a strategy that has seen the hotel chain grow steadily while easily avoiding problems typical of the hospitality industry, such as high employee turnover rates. Hyatt Hotel focuses on employee development and promotion from within, sharing that its comprehensive strategy of keeping employees engaged is a pillar of the company’s overall business strategy. The average housekeeping employee stays with Hyatt Hotel for 12 years! So, how do they do it? Hyatt Hotel has over 75,000 employees in the US who have been with the company for ten years or more. Read more: What Is The Key To Employee Retention? They pay out a secure income for life which increases each year in line with inflation, incentivizing employees to stay with the company for as long as possible. Pfizer also employs a Defined Benefit (DB) pension scheme, wherein the amount of money paid into your pension is based on how many years you have worked with the company and the salary you’ve earned when you leave or retire. ![]() In addition, Pfizer supports the well-being of its employees through mental health webinars, free access to resources, online fitness centers, virtual yoga, cooking, and relaxation courses. Pfizer’s employee retention program offers unparalleled employee support, including workplace mentors, career development tools, free membership in the Health Employers Association, and skills-based volunteer opportunities. Pfizer recently ranked among Workforce Logiq’s top 5 companies for employee retention, thanks to their flexibility, compassion, and unwavering commitment to ensuring the wellbeing of their employees.
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