In a recent webinar, one of G&A's Client Advocates, Lucy Garcia, sat down to discuss why great employees leave and what employers can do to improve their employee retention.
Garcia covered the impact of employer turnover and mentioned five reasons why great employees leave:
- Poor leadership
- Lack of job security or career growth
- Competitive salary offers
- It just wasn't a good fit
- Employees are overworked and do not feel valued
To take this lesson a step further, we asked our HR Specialists to elaborate on those five reasons as well as provide solutions.
Reason: Poor Leadership
Solution: Invest in Training Top Management
“A bad leader can take a good staff and destroy it, causing the best employees to flee and the remainder to lose motivation.”
Poorly trained or ineffective managers can have a significant impact on employee morale and retention. To compete in their industries, companies need to have efficient workforces that are as productive as possible. Companies that do not offer feedback tools, or performance reviews that allow subordinates to rate their managers, are at risk of high turnover.
Invest in training your managers on the basics of sound management - clear objective setting, structured performance evaluation systems, honest and open feedback and communication, coaching and so on. If you want to be the kind of manager people don’t leave, self-awareness should be a top priority.