"People do not leave bad jobs. They leave bad managers"
More than 50% of new managers fail within 18 months, according to a study published in Inc.com.
One third of executives in Fortune 500 companies do not make it past 3 years.
The main reason - they drive away key personnel.
2 out of every 3 people who quit cite lack of appreciation - according to Forbes.com
"People do not leave bad jobs. They leave bad managers."
According to Harvard Business Review - treating employees like commodities is even more common now than ever before.
For as long as we treat employees like commodities, as a means to an end, we will never get their loyalty.
Everyone wants loyal employees, but not everyone is willing to do what it takes to earn their loyalty.
It all starts at the hiring process - whether candidates are treated with respect then.
Loyalty is destroyed by:
- lack of appreciation and support
- lack of opportunities to grow and learn
- lack of integrity by superiors
- lack of trust and respect
- lack of recognition and proper financial compensation
- excessive control known as micromanagement
Employees will stay loyal if they are appreciated, trusted and empowered:
Agree ?
Thanks to Oleg Vishnepolsky (Global CTO at DailyMail Online and Metro.Co.Uk) for this really good article.
Management Professional
2yYes!
Senior Talent Acquisition Partner at WorkSafe BC
2y100%
Radiation Oncology Resident
6yHaha that’s really good!
OPINION LEADER at 'Time' (TIME Inc.)
6yWithin 3 months of joining my JOB (BOC Group); I was given Independent charge of working in a Drilling Rig; cutting short the 2 years Training Period. I was further invited by the CMD ( A Britisher) to have dinner with him at Delhi but I attracted many enemies to hunt me round the clock and ultimately had to leave the Company to save selves (Family)