Leadership Blog

Jan 22, 2024

Your Leadership Link by Cullen S. Gibson, Vice President

 

Things You Can offer Employees That are Better than a Raise

 

number one

Supportive Management

 

There’s a reason business expert Marcus Buckingham said, “People leave managers, not companies.” One of the best ways to retain employees is to make sure they have excellent bosses.

stack of blocks saying So, what makes a good boss? The best bosses empower their employees instead of micromanaging them. In essence, good bosses are willing to yield some of their power to their employees.

When you yield occasionally to your employees, you empower them to think for themselves, to be more creative, more enthusiastic, and probably more productive. You send your employees the message that you trust them and want to give them more responsibility. Sometimes managers have difficulty letting go of control because they want tasks to be done perfectly. But which is more important: a perfectly done task or an engaged employee who is motivated to stay, grow, and constantly improve?

Next week we will explore ways to be an empowering boss.

This series been derived from the book “Love ‘Em or Lose ‘Em: Getting Good People to Stay” authored by Beverly Kaye and Sharon Jordan-Evans.