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Hey Ambitious Professionals! It's Linda
Raynier of lindaraynier.com guiding you
to a career and life you'll truly enjoy
and today is my very first corner office
insights video so this is a new segment
on my channel where I'm going to speak
to you if you happen to be a manager
senior manager director or CC with C
suite level executive in your
organization and you're responsible for
managing a team I'm going to share with
you some raw and real insights that you
need to know if you truly want to become
a better leader in your company
so today I'm going to share with you
five key reasons why many companies are
losing good employees so if you happen
to be in this situation then this is the
right video for you so as a manager
there will come a day or there may have
already been many days where your direct
report your employee your staff member
asks to meet with you privately and in
that meeting they hand over their letter
of resignation and you're shocked this
happens to be an amazing employee they
are heavily relied upon by you and now
they're telling you that they're leaving
you didn't see it coming and you might
even ask them why why are you leaving
were you not happy here and then as you
continue to question you might even ask
yourself is there a chance that it might
be because of me was it something that I
said or I did well I can tell you this
the answer that your soon-to-be ex
employee is going to tell you is likely
not going to be the entire truth they're
not going to give you the real reasons
as to why they're leaving because their
fear of burning their own bridges is
much greater than their desire to share
with you the truth not to worry I'm
going to give you my top five real
reasons why you're good employees are
leaving you and what you need to think
about in order to resolve this if it's
happening in your company reason number
one your employees are leaving you
there's no room for growth this is by
far the most common and the biggest
reason that I hear from job candidates
who want to leave their companies good
employees are good because they're
ambitious they're keen to learn they
consistently produce high quality work
and they deliver value but what happens
when they've done that for a while
they've made amazing accomplishments and
now they're ready to move up and
naturally they're going to start to look
at what opportunities are available to
them in their current organization and
if there's nothing available no room for
advancement they know they're stuck and
that's the point where they start to
think about moving into another company
looking for new opportunities outside of
the organization so as the manager if
you don't want to get to a point where
you get a letter of resignation sooner
than you would like then you need to be
thinking about the future of your
employees long before they do you need
to accept the fact that this is natural
and you need to anticipate it as human
beings we're ambitious we have desires
we want to experience new things and so
that is naturally going to happen with
your good ambitious employees as well so
the plan here now is on your team if
there are some employees who are really
good people that you truly want to keep
you need to start thinking about their
future now not at the point when they
hand you their letter of resignation at
that point it's way too late you need to
start planning out with them where you
see them going where you see them moving
up and what opportunities you can
potentially help them to get into after
they've completed and truly achieved
what they've need needed to in this
current role and I have seen this
firsthand I have seen certain
individuals who have been able to take
on a multitude of roles in their
organizations and because of that they
stayed quite a long time and they became
valuable assets to their companies so if
that's what you want with your current
employees then you need to start
planning reason number two while you're
good employees are leaving you is due to
a lack of challenging work now when it
comes to challenging work there are
actually two subsets to this the first
is that there's not enough autonomy
meaning the employee does not get enough
independence and freedom to do their
work
or two the work isn't challenging
because it's too routine first let's
talk about lack of challenging work in
terms of lack of autonomy good employees
like to feel a sense of ownership over
their work these employees are good
because they deliver high quality work
and they want to be given the freedom to
be able to do their work their way if
you're finding yourself micromanaging
every aspect criticizing and not
complimenting or encouraging then you
will quickly find yourself with an
unhappy employee who's going to want to
leave so the solution to this is
whenever you can ask your employee for
their opinion ask them for what their
approach would be and give them the
freedom
to test it out now when it comes to the
work being too routine good employees
especially if they're highly ambitious
will eventually become bored they need
challenge they need variety they need
different experiences so as their
manager you want to be able to predict
this and foresee this by planning out
projects ahead of time and letting your
employee know about them so that they
can feel engaged and work hard for not
only themselves but for the organization
reason number three you don't have a
real connection with your employees the
connection that you have with your
employee is huge because it's going to
determine how long they're gonna stay
with you and whether they truly want to
work with you if you're good employee
simply views you as just someone who
gives them their paycheck rather than
someone who they feel empowered by who
they want to help in support there's a
big difference there you have to
remember that you're not just their boss
you're someone who they look to as a key
player in their career so the way that
you connect with your employees
determines whether they'll be happy and
stay at their job with you or whether
they leave your organization and go for
something else so what's the key to
connecting with your employees the
answer is to be present be present with
them have genuine discussions learn more
about your employees what excites them
what they're motivated by be present for
them every single day when you're
present with someone they will be able
to sense it and they'll be able to
appreciate it they will see you as
someone who does see value in them and
that will give them that sense of
empowerment and a sense of wanting to
stay worth with you longer under your
leadership
now this ties into reason number four as
to why you're good employees are leaving
you and that is you as the manager are
not inspiring enough how good are you at
truly motivating your employees or do
you find yourself turning your employees
against each other thinking that that's
going to motivate them that's not
inspiring to anyone in order to become
someone and a manager a leader that
others aspire to be you have to find
that sense of
inspiration from within yourself you
have to inspire yourself to step outside
of your ego so instead of focusing on
you you need to place your focus on your
employees and be able to identify and
recognize their value think about it
everybody wants to be able to feel that
they are valued that they are making a
bigger impact for any cause or
organization or team that they're on and
so if you can tell your employees that
they are valued that the work that
they're do that they're doing does have
an impact that's going to make them feel
more committed and more engaged with the
work that they're doing and with the
place that they're at if you can help
them to feel connected to the work that
they do and why they're there in the
impact that they're making they are much
more likely to last longer in your
company and finally reason number five
while your good employees are leaving
you is that the pay isn't fair or
reasonable now this is self explanatory
but if you know that you are paying
under paying your employees then you can
expect that turnover is going to happen
unless you can have already planned for
this and implemented benefits that are
going to go above and beyond what the
pay allows so for example additional
vacation employee centered events
purposeful work training anything that
is going to get them to stay engaged and
compelled to stay longer at the
organization is going to help so there
you have it my five reasons on why
you're good employees are leaving you
now if you happen to be a proper
professional who is on the path of
searching for a more fulfilling career
and you've been interviewing for a while
but it hasn't resulted in any success
and you're ready to get some one-on-one
professional guidance then feel free to
reach out to me head on over to my
website lindaraynier.com/standoutgethired
read through my page
and if you're interested then fill in
the application form if I feel that
we're a match then either myself or my
team will reach out to you directly if
you like this video then please give it
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friends thank you so much for watching
and I will catch you next time.