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3 Tips to Reduce Employee Quitting
Now more than ever, employee morale and retention are critical.
It's no secret that employee turnover has a significant impact on your bottom line. But did you know that managers’ leadership practices are the #1 factor in an employee’s decision to quit or stay?
Strengthening managers’ leadership skills can improve retention rates and strengthen your bottom line. Investing in developing leadership skills can generate an annual ROI of 20 to 50 percent.
Here are three valuable management practices which few leaders practice weekly, let alone daily. Most employees say they don’t experience them often enough.
3 Tips for Managers to Reduce Quitting
- Communicate expectations clearly—with metrics, multiple times, in multiple ways.
- Catch employees meeting expectations and give frequent and specific praise for what they are doing right.
- Monitor performance frequently and provide kind corrective feedback whenever they are not meeting expectations.
To learn more about these tips to reduce quitting and increase profit, get our FREE resource,
Tips to Reduce Quitting: Manager Accountability.
Want to Reduce Quitting Now?
The Small Business Development Center (SBDC) is sponsoring my Conversational Leadership course this September. This unique opportunity for leadership skills development is available for $99—an 85% discount from the regular price!
The workshop series provides a rare opportunity for participants to develop competence and confidence in the skills needed to inspire employee engagement and productivity, increasing retention.