Great Manager Newsletter - Dec 18, 2024
Why Employees Quit
Editors Note: I will be taking the next two weeks off for the holiday. I will see you all in the New Year!
Before you get to this newsletter, I want to thank you for being such a wonderful community this past year. I look forward to 2025 and doing even more to help you thrive in your careers.
Let’s get started.
1 Big Thing
Why Employees Quit
The so-called war for talent is still raging. But in that fight, employers continue to rely on the same hiring and retention strategies they’ve been using for decades. Why? Because they’ve been so focused on challenges such as poaching by industry rivals, competing in tight labor markets, and responding to relentless cost-cutting pressures that they haven’t addressed a more fundamental problem: the widespread failure to provide sustainable work experiences. To stick around and give their best, people need meaningful work, managers and colleagues who value and trust them, and opportunities to advance in their careers, the authors say. By supporting employees in their individual quests for progress while also meeting the organization’s needs, managers can create employee experiences that are mutually beneficial and sustaining.
Watch This
Positive to Negative Feedback Ratio
One of the questions I get asked quite a bit is: what is the proper ratio of positive to negative feedback. This short video explains how I approach this issue.
By the Numbers
70% and 81%
In a survey of 2,000 employees, 70% reported that they would feel better about themselves if their boss were more grateful, and 81% said that they would work harder for a grateful boss.
Words of Wisdom
People work for money, but go the extra mile for recognition, praise, and rewards.
― Dale Carnegie
Business Laughs
Discussion Topics
What steps do you take to ensure a healthy work-life balance for your team members?
What I'm working on this week....
Nothing - time to relax for the holiday.
I wish you and your loved ones a happy holiday and a wonderful New Year. I look forward to seeing you all again in January of 2025.