Ask employees if they would say yes again to working for their current manager.
Here are three ideas to help you develop magnetic leaders and increase employee retention.
by Roberta Chinsky Matuson /Strategic Advisor | Consultant | Executive Coach| Public Speaker | Talent Maximizer®
This article is part of a pilot series that I’m participating in for LinkedIn.
If you had to do it over again, would you say yes to working for your current manager?
If your first thought is, “Absolutely not!” then you’re not alone.
In a recent TinyPulse New Year Employee Report, one thousand working Americans shared their workplace wishes for the New Year. Participants were asked what one thing they wished they could change about their current manager.
The second most popular answer was to have their manager quit.
This response aligns with what I see in my consulting practice and my personal life.
Part of the fun of sitting with people you don’t know is getting to hear their stories. After exchanging the usual pleasantries, the woman next to me said she recently quit her job. She then went on to say that she did so because of her manager. You see, a new boss arrived on the scene and she didn’t care for the way he was treating her and the rest of the team. So, she quit. She said another friend quit her job as well, because of her boss.
Hmmm…that got me thinking. Maybe all this stuff about employee’s leaving their bosses and not their companies is really true. And if it is, then why are companies exerting a ton of energy and money trying to retain employees with fancy perks at work, when what people want is quite simple. They want a boss who inspires them.
Take this afternoon for instance. My husband and I headed over to Chinatown for dim sum. Upon arrival at the restaurant, the hostess asked us if we minded sharing a table. We said, “No problem.”
Here are three ideas to help you develop magnetic leaders and increase employee retention.
1. Stop spending money on perks that few people want and instead, invest this money in your leadership initiatives. Don’t have a leadership initiative? I can help you with that.