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Talent Trade Tidbit - It's the Little Things That Count
The #1 secret to employee retention. Hint: It’s not money.
Transcript
Hi, this is Stephanie Maas and today I want to talk to you about one of the most basic principles of business and that's how you treat your people.
Speaker:People are always asking me for, Hey, why do you think such and such made a move?
Speaker:Or, Hey, I've heard they're having some turnover issues over there or gosh, I was really surprised by my last resignation.
Speaker:What do you think's going on?
Speaker:Time and time and time again, the.
Speaker:Number one reason people leave is they don't feel appreciated.
Speaker:And let me assure you, this has nothing to do with money.
Speaker:There's a phrase that says, It's the little things that count.
Speaker:Let me assure you, it's the little things that count.
Speaker:It's the forgotten, Oh, hey, I said I was going to do that, but then I forgot.
Speaker:Oops, sorry.
Speaker:People don't do what they say they're going to do, but when you do, it gets noticed.
Speaker:The, Hey, I noticed last week that you put in a little bit of extra effort to get this done in time.
Speaker:I really appreciate it.
Speaker:Is that a raise?
Speaker:No.
Speaker:Is it make them feel like, Hey, my extra effort made a difference.
Speaker:Absolutely.
Speaker:Those little things build up over time and make a huge difference.
Speaker:So if you're in a leadership role today and you're not sure, gosh, how do I know I've got a good team?
Speaker:How do I know I'm not going to be surprised by a resignation?
Speaker:Take a couple minutes and look around at your team.
Speaker:What have I done lately to show them how much I appreciate their efforts?
Speaker:What have I done today?
Speaker:What did I do last week?
Speaker:What did I do last month?
Speaker:And if you can't come up with three or four things or even better yet, ask them, Hey, how do you know that you're really appreciated here?
Speaker:I'm just curious.
Speaker:I want to be a good leader.
Speaker:What have I done in the last year or so to show you that I really appreciate your efforts?
Speaker:If they stumble and can't come up with anything, you might want to keep my number handy.