Staff turnover for any organization has a tremendous cost. According to Leigh Branham in The 7 hidden reasons employees leave: How to recognize the subtle signs and act before it’s too late, the top seven reasons why people leave jobs are:
- Reason #1: The job or workplace was not as expected.
- Reason #2: The mismatch between job and person.
- Reason #3: Too little coaching and feedback.
- Reason #4: Too few growth and advancement opportunities.
- Reason #5: Feeling devalued and unrecognized.
- Reason #6: Stress from overwork and work-life imbalance.
- Reason #7: Loss of trust and confidence in senior leaders.
Notice that none of these reasons have anything to do with salary.
The implication for leadership is clear. New order leaders must:
- Build cohesion
- Inclusion must become the norm
- Attend to the needs of multiple stakeholders
- Change the organization’s perspective from one of deficit-thinking to one of abundance and compassion
Take away: What is one small thing that you can do today that will put your organization on the path to building an environment where people are honored for their personhood, valued for their contributions, and coached to succeed?
Posted in Hiring, People Management, Values
