October 18, 2017

Leadership Coaching Strategies to Stop Top Talent From Quitting

The Revolving Door of Top TalentDo you ever feel like your hiring process is just like a revolving door?  Top talent in…top talent out!

If so, you are not alone!

During the past ten years of offering leadership coaching and executive coaching services to companies, one of the biggest complaints I hear is about the revolving door of the hiring process.  One of two things usually come up in leadership conversations:

  1. Top talent comes, they stay for about six to nine months and then they leave
  2. The company “settles” for bodies rather than digging to find the top talent they need, so the department or project team now has some drag on their team

What I have found is this:  If employees feel disconnected from their work, bored or if the work is elementary and mind-numbing, employees will leave, regardless of the many tricks you try to lure them into staying.  So, here are a few suggestions to help you with this challenge:

  1.  Match the job to the employees talent and level of capability.  Humans actually want to be challenged.  They want to be stretched.  So, if the job is not challenging or could be done by someone with half of their experience, they may be going through the motions, but their heart and soul are not in the work.  Having said this, if the job is too hard, an employee can get very frustrated and just give up.  Striking the right balance is critical.
  2. Offer leadership coaching With leadership coaching, you can help your employees strike that “right” balance between being totally bored and disconnected and being way in over their heads.  By offering weekly leadership coaching to your employees, you can discuss what’s working and what is not, how to challenge them more and when and how to maybe back down just a bit.  This is also a great time to provide training to your employees if they feel they are in over their heads.  They may just need some additional training or a tiny question answered to get back moving again in the right direction
  3. Work on building trust.  It is not uncommon for people to simply not trust a boss, a co-worker or the company.  As a leader, one of your biggest jobs to do every day is to build those strong bonds of trust that employees need to feel safe and secure in the jobs they have been empowered to do.
  4. Talk with your employees about what inspires them and what outcomes they most value.  You may think that money inspires your employees, but in my experiences as a leadership coach, I have found that what matters more than money are the following:

The opportunity to be challenged, succeed and then be recognized for that success

The reward of extra free time to spend with friends and family

The feeling of doing a great, great job and bring proud of a finished product

So, if you are having a tough time keeping employees, start looking at both your hiring process and take the time to sit down (without judgment) and ask your employees why they are leaving.  Ask them what you could have offered that would have made them want to stay, and ask them if they felt the work they were doing was truly meaningful.  You may be surprised at the answers as they come forward.

If you are having any challenges with either hiring or keeping top talent, contact me today so that we can talk a bit about how to turn your specific situation around.

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