As we know, Covid has had a lasting effect on the economy. The Bureau of Labor Statistics released that in 2021 8.4 million jobs were lost and the unemployment rate was the highest it's been since the Great Depression. Despite all this, select companies have actually seen growth within their sectors. These companies thrive as they continue to improve the employee experience by putting the customer and the employee first. In fact many studies show that employees now rank employee experience and company culture over pay.
Many companies have tried to create an inclusive company culture, but one company has proven to do it the right way. Loyal Energy has been named one of the top places to work in 2023, due to its disruptive company culture with radical transparency and an impressive comp plan.
While many companies have sought to dominate the home experience market, Loyal has set itself apart by providing families with the means to save more than with them over its competitors. Its in-house financing division, Loyal Finance, allows families to finance home improvements for the most important place on earth - their home.
A Company Built Off Values
While many companies have tried to lead the home improvement sector, Loyal has differentiated itself through its commitment to fostering a transparent workplace culture grounded in integrity, diligence and becoming the best version of yourself. After all, they are in the people business.
"The job is simple, we meet with families and review a home energy audit to show them where they can save money within their home. Once we show the homeowner the report, we help provide the best products and financing for them. We find fulfillment through saving people money, upgrading their home and helping families save so they can make more memories with the most important people in their life, their family. What better job is there?" says CEO Tanner Halford.
Loyal holds itself to a higher standard by adhering to elevated standards and its unique pay structure. Rather than relying on industry norms, the company's compensation is determined solely by individual effort and performance, allowing most employees to make more than the national average. This approach empowers employees to maximize their earning potential and removes any artificial caps on their earnings. As a result, the company's top performers earned over $1.4 million last year, while the average employee took home over $10k per month.
It's More Than Money
At Loyal Energy, it's so much more than just money and sales for us. Through our sales program, we support our employees in preparing for the future by teaching personal development, building mental fortitude and creating financial freedom. We teach them how to manage their money, make smart investments, and unleash their full potential. We believe that our employees are destined for greatness and we strive to show them that they are more than a 9-5," says Conner Halford, Loyal Energy's President of Sales.
"At Loyal, fun is a priority for us. "Work hard, play hard" isn't just a phrase to us, it's a way of life that has been integral to shaping our company culture and driving our success over the years. We enjoy creating memories and connecting with our employees. We have some of the best sales professionals in the industry because we put them first and help show them that there is more to life than just work, sleep, repeat. We have already released amazing incentives, including company cruises and trips, monthly bonuses, and company gear adds Jordan Evans, Loyal Energy's Chief Marketing Officer.
Final Words
The company has created an atmosphere and culture that has increased employee satisfaction and helped them attract some of the top talent within the industry. As they put the employees first by looking out for their well being and prosperity, it's provided an environment where employees can thrive and be the best versions of themselves. This is one of the main reasons why Loyal is named one of the top places to work in 2023.
Loyal Energy
https://www.loyalenergy.com
COMTEX_426554656/2776/2023-03-14T03:07:17