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Keeping Great Employees

Livia Jenvey |  July 31, 2017

Recently I read a statistic that 1 in every 5 employees are looking for another job.   With a whopping 50% in a Gallup Studyshow these employees are leaving because of their overall dislike of working with their bosses. 

When you lose members of your workforce, on average it takes 52 days to refill that opening role.  With the average 260 weekday workdays in a given year, that means for two and half months, you have lost potential workforce benefits and business profits. 

As a leader and manager of a workforce, such statistics can be scary.  In some industries this turnover can be common and it can be difficult to change.  However the goal of a successful leader and manager is to make sure you keep great people on your team.  

One way I recommend leaders and managers to help mitigate and prevent great employees leaving is to have these leaders connect directly with their staff.  This is not getting together for a team lunch once in a while.  This is scheduling monthly meetings with your staff to get feedback from them. 

The goal of this feedback is to ask your employees the following questions:

  1. What is going well?

  2. What needs improvement?

  3. What would they like to be working on?

Asking these three questions above on a monthly basis gives you feedback on what will be both a benefit for your employees and also the business.   During these staff feedback sessions, remember that this is their feedback, and your goal as a leader during these meetings is only to listen and take note of what information your staff is providing you.

Try this exercise out for the next month to see how this feedback exercise can help you keep great employees in your workforce.

 

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