- More with Less – The lack of a significant rebound from the last recession has exacerbated this problem. Companies are not yet adding staff, but the increased workload continues to grow on those that remain. Slow incremental growth is masking the need for more staff. This prolonged incremental growth is building small, steady workload increases to existing employees with no apparent end in sight, causing ever higher levels of stress. These talented employees that have been able to handle the increased work are now primed for a move that will reduce their workload stress. And your A-players that are relied on most heavily are the most likely to leave. Your best talent may be looking for a less stressful alternative. What can you do to reduce the stress on your strongest talent?
- Micromanaging Boss – We’ve all heard, “People don’t quit their company, they quit their boss.” The majority of the time it’s true, and one of the major stressors that cause this, micromanagement. Nothing screams “FIND A NEW JOB” like the lack of trust that is communicated by managers who don’t trust seasoned staff enough to let them do what they do best, what they’re paid to do. Whether it’s from the flattening of organizations or the shrinking of the bottom-line, many managers and executives have taken up the microscope and are sending a strong anti-trust message. Set clear goals and give your staff the freedom to deliver. Or manage every little piece of the process and watch your best talent flee.
- Senior Management Dysfunction – Instability in the economy and in company results, among other things, can lead to dysfunction with the senior management team. And when it’s apparent to front-line employees that senior management can’t get along, they lose confidence in where the company is headed. And senior management loses credibility with their staff. You might think it’s all under wraps; it rarely is. Don’t get me wrong, conflict is good at the senior level, when it leads to more discussion and ultimately to better decisions. But when resolution and consensus doesn't happen, employees can see the difference. The senior management team must work together to build consensus amongst themselves first, then their consistent message and direction can provide focus for the entire organization.
Beware, your employees are searching…but there are steps you can take to minimize your vulnerability.
Be a Leader!