Why do good employees leave?
It's tough to hold on to good employees, but it shouldn't be. Most of the mistakes that companies make are easily avoided. When you do make mistakes, your best employees are the first to go because they have the most options.
Nothing burns good employees out quite like overworking them. It's so tempting to work your best people hard and managers frequently fall into this trap. Overworking good employees is perplexing; it makes them feel as if they're being punished for great performance. Overworking is also counterproductive: new research from Stanford shows that productivity per hour declines sharply when the work week exceeds 50 hours, and productivity drops off so much after 55 hours that you don't get anything out of working past this point.
If you must increase the workload of your talented employees then, as a counter measure, you need to be prepared to increase their status/role responsibilities/level. Talented employees are more than happy, in-fact keen, to take on a bigger workload, but they won't stay if their vocation starts to suffocate them in the process. Raises, promotions, and title-changes are all acceptable ways to lubricate a organic workload increase. "Quid Pro Quo", or rather "this for that", should be the mantra of any business that wishes to value its employees, promote longevity and secure their stay. If an employee has no reason to anchor themselves then they will go to a competitor that will see and appreciate their value.
"People work for people - they do not work for businesses." - Donn Carr
In the light of the new year, and without sounding trite or gimmicky, if you feel this way and want to explore opportunities with businesses that value the human as well as the machine, then please do get in touch, contact details are below: