She left you. It’s over. You can’t go back now! All you can do is learn from your mistakes.
Turnover can be rough, and it can be amicable; no matter what, no one really wants to go through it, not even the employee who’s leaving you.
But you want to be a better manager…a stellar business owner…have the strongest team with the highest employee retention rates ever, right?!?! How can she leave you like this?!
There are several common causes for employee turnover.
- 32% of employees leave for career advancement or promotion opportunities.
- 22% of employees leave based on pay and benefits.
- 20% of employees leave due to lack of fit for job.
- 17% of employees leave as a result of management or work environment. (That’s you!)
Via: BOLT Insurance
Alright, alright. It may have nothing to do with you. Most of the reasons for employee turnover are not personal, but you can do a lot to learn from the past and lay a better foundation for the future.
Employee turnover isn’t just heartbreaking, it’s expensive too. The average turnover cost for an employee earning $8 an hour is $5,500. Yowzah!
Step #1: Move on!
Just like with any breakup (even amicable), it’s okay to feel like you have messed up – accepting responsibility for your mistakes is healthy (and helpful!). On the other hand, you must also accept that you are a good person.
She made some mistakes. You dropped the ball a few times. A stage of denial and a period of anger are completely natural, but acceptance is the key to being able to start moving on. If you can’t stop pointing fingers, you can’t really assess the situation without heavy bias.
Step #2: #lookatchaself!
Self reflection is key, for you and your organization. Think (and talk) about the issues that are contributing to employee turnover and identify solutions without talking about her. Focus on yourself. Get management involved in focusing on your organization, it’s goals and how you’re going to build stronger teams.
- Look at where you’ve succeeded.
- Talk with friends and peers.
- Get feedback and advice from mentors.
- Make a list of reminders, things you’d like to build on or improve.
Step #3: Build a new foundation.
You didn’t forget about the rest of your team, did you? As a leader, you often need to deal with the break-up and continue fostering existing relationships simultaneously. That takes talent! You’ve got this in the bag. You just need some tools to help you stay focused.
- Launching a new product? …………………………….. Operation Military Care
- Need an ice breaker for a new team? …………… Ice Sculpting or DYI Team Building
- Something holding back your organization? … Breaking All Barriers
- Facing multiple challenges? …………………………… Custom Team Building
How do you deal with employee turnover? Please share your words of wisdom with our readers.
Recognize, motivate and make your employees HAPPY! Happy employees are the most productive. We’ve heard them say this a thousand times already. In any business structure, happiness is fundamental in maintaining a smooth flowing operation. Happiness should be the core of your company culture. Put your employees’ interest first, and you’ll be surprised how they will take care of you and the business.
In a world rife with distractions and a population more easily sidetracked than ever, it’s becoming more and more difficult for companies to keep their employee morale strong.
With a new year comes new goals and challenges. As a business owner or manager, some of those challenges include figuring out how to increase numbers and maximize efficiency. Most of your success, however, comes down to one thing – improving work performance.
“Life’s most persistent and urgent question is, “What are you doing for others?” – Martin Luther King, Jr. Quotes from history offer immeasurable inspirational leadership advice. Great leaders and activists from history highlight what our country and world has been through and remind us how we can change it.
There’s no question that it takes great leadership skills to build strong teams! A strong team needs an even stronger leader who isn’t afraid to take on many difficult challenges. As a leader, your job is to mold your team into an efficient group of people who can work well together and work well in their individual roles. You must possess people skills because it’s all about knowing just exactly who you’re working with. It’s important to know what makes people tick and how you can help them to achieve company goals. These six steps will help you get you the keys to keys to team success the right path to becoming an esteemed, strong and successful team leader!
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