What Makes an Employee Leave a Great Company?
Posted July 2nd, 2018
If you’ve been diligent about building a great company culture and compensation plan, it can be particularly disheartening if a stellar employee decides to seek out opportunities elsewhere. However, the worker’s choice to make an exit might not be a reflection on the company, but on their direct manager.
Even in the best of environments, a single bad manager can drive outstanding employees away. To help ensure this isn’t happening in your business, here are some signs that you need to take steps to improve the quality of your management team.
A Lack of Empathy
At some point, nearly every employee struggles. Whether it is not having the ideal tools for an assigned task or a personal issue impacting their day-to-day, failing to have empathy for their situation can damage morale.
By listening to the concerns of workers and helping them find a solution, your team will feel supported by management. If a suitable resolution doesn’t exist, at least explain why something can’t be done, giving your staff a thorough understanding of any current barriers that prevent the situation from being changed.
This lets the employee knows that management cares about their perspective and will do what it can to remedy any issues whenever possible.
Poor Motivation
The best and brightest in your staff typically aren’t motivated by a paycheck alone. While having a suitable salary for the work involved is certainly a must, there must also be other forms of motivation present to keep great workers engaged.
Instead of focusing solely on wages to provide incentive, branch out into other areas. Consider hosting celebrations when large projects reach completion and offer a sincere “thank you” for a job well done. Also, show employees how their contributions apply to the bigger picture, allowing them to see that their efforts provide valuable and are appreciated. Cumulatively, this creates a greater sense of motivation, keeping your team engaged and productive.
Career Stagnation
Most employees aren’t at the pinnacle of their career. They have goals beyond their current position, and whether a manager supports these endeavors can play a role in whether an employee stays or goes.
Make sure your management team creates opportunities for skills development, professional growth, and advancement. Then, work to inform employees of these options, ensuring they are fully aware of what they can access to move their career forward.
Having a chance to progress is particularly attractive to most skilled professionals and can be a key selling point for employees looking for longevity without having to experience stagnation. Otherwise, they’ll have to look outside of the company to take the next step in their career, and your most talented workers will do just that.
Ultimately, any company can reduce turnover by taking the proper steps. If you would like to know more, the professionals at Bayside Solutions can help you explore your options. Contact us today to discuss your turnover concerns and see how our expertise can benefit you.
