Who Would Want To Steal Your Crappy Managers?

What would you do if 25% of your managers, salespeople and IT people handed in their notice within the next six months? Are you prepared to roll over that many of your key people? Do you have a plan?

Well you had better get one. Survey results today show that's exactly what is happening: 27% of Canadian workers are looking to change companies within the next 6 months. But if your organization has a wage-freeze on right now, that number jumps to 34%.

“Organizations caught in a tight race for survival can ill-afford wide-spread desertions, especially if the people who are lured away are their best performers,” notes Greg Leach, Senior Vice President and study author. “While the sudden departure of any single group would derail any organization, it appears that the greatest threat may be the potential loss of managerial talent. This could lead to a domino effect that could bring the organization to its knees”.

Asking your people to keep on doing more work for the same or less money is creating a Culture crash. Your people have had enough of same pay, lousy work-life balance and you asking them to show loyalty to you while you show a disregard for them.

Worse yet? 31% of managers are looking. Sorry, but that's going to collapse your Culture if you lose 3 in every ten managers. It is true that an employee doesn't quit the company - they quit their manager. But the converse is true as well: good managers keep good employees. You will likely only lose your good managers. Hey, who wants your crappy managers? Your competitors don't want your lousy managers. They want the good ones so you will just lose the good ones others want. When that happens you will suffer the domino effect of employees leaving right after their managers do.

What's your plan now?