Matching Quality Brands with Quality
Employees
Investing
in retention, recognition and communication is helping the Yum! Company to match its employment brand with its marketplace brand. Maintaining open communication within an
organization is essential for employees to trust their employers. Associating a company’s brand with a positive
reputation for employee relations programs is a powerful tool for recruiting
and retaining talented employees. At
Yum! Brands, Inc., executives have implemented employee recognition programs
that motivate employees to improve performance.
Yum! operates “support centers” in various
cities that implement training (e.g. customer service) and addressing
employees’ professional needs. Yum! has reported that its increased retention rates has
increased sales and provided better customer service than it has in past
years. Between 2000 and 2003, one of its
brands, Taco Bell, has decreased employee turnover rate dropped to 90% from
200% (the average for the industry is 120%).
Source: King, Rachel (November 2003). Great Things Are Starting at Yum. Workforce Management 82(12).
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