5 Reasons Why Good Employees Leave
1. They Overwork People
It’s tempting to work your best people hard because you know they can get things done the right way. Unfortunately, overworking good employees will eventually backfire; instead of making them feel valued as your go-to people, it makes them feel as if they’re being punished for great performance. Overworking employees is also counterproductive. New research from Stanford shows that productivity per hour declines sharply when the workweek exceeds 50 hours, and productivity drops off so much after 55 hours that you don’t get anything out of working more.
2. They Don’t Recognize Contributions and Reward Good Work
Even little things go a long way. Sometimes it’s easy to underestimate the power of a pat on the back, especially with top performers who are intrinsically motivated. They may work hard despite a lack of positive reinforcement. Everyone likes kudos, none more so than those who work hard and give their all. Managers need to communicate with their people to find out what makes them feel good (for some, it’s a raise; for others, it’s public recognition) and then to reward them for a job well done. With top performers, this will likely be on-going if you’re doing it right.
3. They Don’t Care about Their Employees
More than half of people who leave their jobs do so because of their relationship with their boss. If an employee doesn’t feel valued, they will disengage. Smart companies make certain their managers know how to balance being professional with being human. These are the bosses who celebrate an employee’s success, empathize with those going through hard times, and challenge people, even when it hurts. Bosses who fail to really care will always have high turnover rates. It’s impossible to work for someone eight-plus hours a day when they aren’t personally involved and don’t care about anything other than your production yield.
4. They Don’t Honor Their Commitments
Making promises to people places you on the fine line that lies between making them very happy and watching them walk out the door. When you uphold a commitment, you grow in the eyes of your employees because you prove yourself to be trustworthy and honorable (two very important qualities in a boss). But don’t say things you don’t mean or plan to follow through with. When you disregard your commitment, you come across as uncaring and disrespectful. Once the trust is gone, it’s hard to get it back. And after all, if the boss doesn’t honor his or her commitments, why should everyone else?
5. They Hire and Promote the Wrong People
Good, hard-working employees want to work with like-minded professionals. When managers don’t put in the time and effort to hire good people, it’s a major demotivator for those working alongside them. Promoting the wrong people is even worse. When you work your tail off only to get passed over for a promotion that’s given to someone who glad-handed their way to the top, it’s a massive insult. Be sure that employees are promoted and rewarded based on merit, not likability.