Even if employees love their job, they will leave if the business is poorly managed. And aside from losing your best employees, the high turnover rate can keep other potential candidates from joining your company.
That said, how can you stop good employees from leaving your company? Spotting poor management practices is a good start.
1. Stressed employees
Work can sometimes be stressful, and that’s normal. But when employees are stressed out for the majority of their working day and even beyond office hours, that’s a red flag.
Look out for signs of burnout in your employees, such as low energy, increased sick leaves, or loss of concentration, to name a few. If they are overloaded with work, for example, it might be time to get fractional CFO services to help fix internal issues.
Don’t hire micromanagers; they may accomplish the task well, but they might also be costing you a good employee. No one wants to be handled by a micromanager. Aside from being downright annoying, micromanagers make employees feel less valued as if they can’t be trusted with the job.
In contrast, employees that are left to do their job without anyone breathing down their neck can accomplish more because they feel trusted by the company. Apart from that, these employees are more likely to take initiative.
Rapport is a crucial aspect in any team, but if your managers play favorites, it can be detrimental to their relationship with other team members.
Although favoritism at work is difficult to spot unless you’re shadowing the team constantly, you can minimize this behavior by reminding your managers constantly that friendships should be kept out of work. In the office, every relationship is professional, and they should keep it that way while in your four walls.
It’s normal to have conflict within a team or department, and it doesn’t always mean that the manager is doing something wrong. However, if the conflict drags on for too long and affects other people in the team, it’s probably a sign of poor management.
A good manager should be able to resolve conflict shortly after it starts, if not prevent it from happening altogether. Conflict resolution is one of the key qualities of a good leader. And if your managers can’t handle conflict within the team on their own, retraining might be in order.
5. Poor communication
Do managers communicate with employees beyond the bare minimum? Are employees and managers on the same page about their tasks, roles, and goals? If not, your company’s management level is likely suffering from poor communication. In that case, both employees and managers might be missing out on important information or misunderstanding things constantly, which can hinder the growth of your company in the long run.
Always remember that employees quit because of their bosses, not because they hate their job. If you see these signs of poor management in your company, take the necessary actions to modify your office culture, realign your company goals, and ensure the well-being of every person who works for you.