I recently discovered an alarming fact—even in a climate of business
uncertainty and an unemployment rate of 7.8 percent, more than 2 million
Americans are voluntarily leaving their jobs every month. The U.S. Department of Labor Bureau of Labor Statistics
calls the category “Quits.” While the percentage of overall turnover
has remained relatively steady at approximately 1.69 percent per month
over the past decade, the number of voluntary “quits” is continuing to
grow and will not be decreasing anytime soon, according to the bureau.
Why are so many people quitting? A report from Grow America
compiled research from several sources. In truth, the majority of
people, quitting or not, are currently unhappy in their corporate jobs. A
study by Harris Interactive indicates a full 74 percent of people would today consider finding a new job. The most recent Mercer‘s What’s Working study says 32 percent are actively looking. The reasons for their unhappiness:
A recent study by Accenture reports:
1) They don’t like their boss (31%),
2) A lack of empowerment (31%),
3) Internal politics (35%) and
4) Lack of recognition (43%).
Many cite the desire to become their own boss. A Business Insider
survey of 225 executives reports 22 percent want to launch their own
companies. Why are they willing to make the sacrifice and take the risk?
They want to run an enterprise their way. Deep in their hearts, they
feel and know they will enjoy more satisfaction and fulfillment by
establishing a healthier business culture. Now let’s add a fifth reason
of employee dissatisfaction. Author Melissa Llarena of Career Outcomes Matter
reports even higher numbers, particularly for Generation X employees.
She cites the biggest reason for “quits” is that employees no longer
trust corporations. To wit, nearly 40 percent of men and 25 percent of
women want to become their own boss, she says (54% of Millenials, 46% of
GenY, 35% of Gen X-ers and 21% of Baby Boomers, by age).
Do you see what I’m seeing? Corporate employees are looking for a
better working environment. Is this alarming? It should be to managers
who need a talented team to accomplish corporate goals. The answer to
employees saying, “I’m outta here!” is for management to thoughtfully
and sincerely establish an employee-focused culture. Please consider my
recommendations, as follows:
1. Leaders, take care of your employees.
When your employees say to themselves and others,
“Where’s the love?” you’ve got a problem. Do you know what they are
missing? Do you know what they want to be engaged and happy? I suggest
you sit down with them and ask. Generally, they will tell you: a) I want
to feel respected; b) pay me what I’m worth, and when I exceed
expectations, share the wealth; c) be kind and considerate; d) let me
fail, try and learn; and e) let me grow and develop my skills. There’s
more—go find out what’s on employees’ minds and then respond
accordingly.
2. Leaders, empower your people.
Employees thrive when they are given a sense of ownership to
accomplish their work with fewer approvals and checkpoints, and with a
smaller degree of intervention and oversight. Company leadership and
workers both succeed when employees are allowed to own and solve
problems in an innovative way. Giving someone the opportunity to “break
the mold” and create new ways to address a challenge is highly
fulfilling.
To every degree that a company can make its executives and employees
an “enterprise of one,” they can increasingly “become their own boss”
without having to leave the organization (or spend the majority of their
workdays wishing they could). In essence, corporate leadership can
still achieve productivity and happily engaged employees by offering
them more latitude in how employees accomplish company and personal
goals. For example, must every employee’s workday start at 8 and end at
5? Could a working parent start their workday later or accomplish a
portion of their workday or workweek from home? To every degree a
company can allow individuals to accomplish their important goals in a
more flexible way, productivity can increase, but satisfaction and
happiness in the job can dramatically increase as well.
3. Leaders, eliminate the negative politics in your organization.
Managers have the power to abolish an individual’s or group’s
counterculture comprised of unwanted agendas, attitudes and behaviors
that pit individuals and cliques against other workers. Leaders need to
know when bad politics are causing pain and frustration among the
troops. Your job is to identify the issue and act boldly to declare it
unacceptable. Stop it by confronting it. Stop it by telling the leaders
of the pack to cease and desist. Tell them the behavior will end or they
should look for another place to work. Your team has to know you are
establishing a culture without disruptive politics and that this norm is
non-negotiable.
4. Leaders, be trustworthy.
Trustworthiness does not happen overnight. Leaders earn it over time
based on their positive personal attitudes, beliefs and behaviors
towards others. Managers who are deserving of trust are dependable,
reliable, honest, forthright, truthful and ethical. They care for people
and exhibit an openness and transparency on all interpersonal
relationship topics. All levels of employees are drawn to leaders who
are genuine and honorable. These managers are beloved and praised.
Conversely, employees flee when managers are unfair, lie, cheat, offend
and deceive.
5. Leaders, recognize your people.
All employees like to be honored for their accomplishments. Feedback, real time, from management on job
performance, is not only instructive but rewarding to employees.
Telling workers their efforts are exemplary and outstanding sends a
clear message they are valued and appreciated. When we are recognized
for a job well done and in view of our peers, our job satisfaction and
engagement levels are significantly increased. Once honored, we tend to
be even more industrious. Genuine praise is a powerful motivator.
Do you recognize your own company or even yourself in these issues?
If so, act quickly to turn this negative trend back around. If you
don’t, both you and your company will be bearing the costs.
What has your own experience been in the current epidemic of employee
discontent? What steps have you taken to negate it? I look forward to
hearing your own stories, and as always, I welcome your ideas and
thoughts. To see the full report from Grow America on why 2 million
Americans leave their jobs each month, click here.
You can contact me at @AskAlanEHall or via my personal website, www.AlanEHall.com.
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