Articles Tagged with 'market'

Ten Pearls of Wisdom for CU Marketers

November 20, 2013
Aim for the heart, not the head. READ MORE

Subprime Auto Loan Market Holds Promise

November 23, 2012
'To do it right, credit unions need to hire experienced people to work with them on entering the subprime market.' READ MORE

Commercial Lending: Get Past ‘No’

September 01, 2012
There are many reasons a loan committee may decline a commercial loan deal. READ MORE

Mortgage Delinquency Picture Improves

August 09, 2012
Nationwide mortgage delinquency rate dropped nearly 9% during the first half of 2012. READ MORE

Which Picture Will CUs Paint?

March 20, 2012
What will the CU movement look like in 2034—the centennial of the first federally chartered credit union? READ MORE

Member Databases a ‘Gold Mine’

December 19, 2011
Too many CUs either fail to segment or use obsolete segmentation schemes. READ MORE

Is the ‘New Normal’ Really That New?

September 12, 2011
Experts predict a “new normal,” where regulations, compliance costs, and business challenges will continue to increase. READ MORE

Want to Attract Hispanic Members? Build a Community Presence

June 20, 2011
Several barriers have kept CUs from engaging fully with the Hispanic community. READ MORE

Looking for a Lending Rebound

March 31, 2011
Take advantage of the few opportunities today's economy offers, including low rates and refinancing opportunities. READ MORE

Goldstein: CUs serve underserved

February 28, 2011
When it comes to serving the nine million households that are unbanked and the 21 million households that are underbanked, CUs offer a lot of value to their communities. READ MORE

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Great article! Unfortunately, most employees don’t feel valued or appreciated by their supervisors or employers. In fact, research has shown that the predominant reason team members quit their jobs is because they don’t feel valued. This is in spite of the fact that employee recognition programs have proliferated in the workplace – over 90% of all organizations in the U.S. has some form of employee recognition activities in place. But most employee recognition programs are viewed with skepticism and cynicism – because they aren’t viewed as being genuine in their communication of appreciation. Getting the “employee of the month” award, receiving a certificate of recognition, or a “Way to go, team!” email just don’t get the job done. How do you communicate authentic appreciation? We have found people have different ways that they want to be shown appreciation, and if you don’t communicate in the language of appreciation important to them, you essentially “miss the mark”. Additionally, employees need to receive recognition more than once a year at their performance review. Otherwise, they view the praise as “going through the motions”. A third component of authentic appreciation is that the communication has to be about them personally – not the department, not their group, but something they did. Finally, they have to believe that you mean what you say. How you treat them has to match the words you use. If you are not sure how your team members want to be shown appreciation, the Motivating By Appreciation Inventory (www.appreciationatwork.com/assess) will identify the language of appreciation and specific actions preferred by each employee. You then can create a group profile for your team, so everyone knows how to encourage one another. Remember, employees want to know that they are valued for what they contribute to the success of the organization. And communicating authentic appreciation in the ways they desire it can make the difference between keeping your quality team members or having a negative work environment that everyone wants to leave. Paul White, Ph.D., is the co-author of The 5 Languages of Appreciation in the Workplace with Dr. Gary Chapman.

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