How To Keep Your "A"
Players From Leaving You
By
Eric M. Twiggs
"Clients don’t come first.
Employees come first. If you take care of your
employees, they will take care of the clients." -Richard
Branson
“Meet
The Fockers”, starring Ben Stiller, and Dustin Hoffman, is one of my
favorite comedies of all time. The most memorable scene in the movie was
when Hoffman’s character “Bernie” was bragging about his son Gaylord’s past accomplishments.
Bernie was so proud, he created a special trophy case in his
honor known as “The Wall of Gaylord”.
This presentation was different from your traditional
trophy case. Instead of celebrating his victories, it showcased his 9th
place trophies and participation ribbons! Gaylord was made to feel
special just for showing up! He grew up “feeling the love”, regardless
of how he performed.
This reminds me of the mentality of employees entering
the workforce today. This “everyone gets a trophy “culture has led to
an environment of entitlement. You may disagree with this
mindset, but here’s the reality: In 2016, your people are more
likely to leave if they don’t feel the love.
According to research findings reported in a 2012
Fortune Magazine article , 91% of the surveyed millennials expect to
stay in their jobs for less than three years. That number can drop to
one year or less, if they don’t like working for you.
Allow me to paint the following picture: You just
applied what you learned from the How to
Hire “A” player’s webinar, to hire “Ann”, who’s a top performing service
manager working for your competitor. She’s great at customer service and
can sell water to a drowning man!
If you don’t have
certain practices in place, you may be looking for Ann’s replacement
within the year! So what can you do to keep your “A” player from
leaving you? I’ll explain as you read on.
Offer Unique Perks
The knee-jerk reaction to this employee retention issue, is
to throw money at the problem. After all, if you increase their pay, their
guaranteed to stay, right? WRONG! According to Gallup
research, 78% of the reasons employees leave companies are reasons
under the managers control that don’t involve pay.
The research concluded, that factors such as a flexible work
schedule, and general work environment,
play a key role in the candidate’s decision making process. Offering
unique perks is a good way to increase morale and retention rates. The
following are some real world examples from some of our Top Shops:
·
The opportunity to work a four ten-hour day
schedule.
·
Cooking a weekly team breakfast on the grill.
Some shops do a weekly catered breakfast.
·
Offer the surviving spouse of a deceased
employee 50% of their pay for five years.
·
Gym membership reimbursements (Some are as low
as $10 per month!)
·
Offer a $30 per month Kindle Allowance to
purchase books
Most shops offer unique perks like
free car washes and gift baskets to their paying customers, while
doing nothing extra for the employees. All things being equal,
the happy internal customer will work harder to please the external one.
Customized Recognition Program
I agree with the late philosopher and psychologist Dr. William James
when he said: “The deepest hunger in humans is the desire to be
appreciated.” This makes having a formal recognition program a
critical step to retaining your people.
Since everyone is different, offering the same type of
generic recognition to anyone who achieves the desired result, will not satisfy
the hunger that Dr. James referenced. Customizing your program
based on your employee’s individual interests, is the way to go.
During your weekly one on ones, ask them about their hobbies
and interests. This will allow you to provide recognition that’s
meaningful to the individual.
For example, I know a shop owner named Mark who recognized
his service manager Butch’s five-year employment anniversary by buying a dinner
and hotel stay for he and his spouse. Mark did this after Butch
mentioned how important family time was to him during their weekly one on one.
Other shop owner provides tickets to the race for NASCAR
enthusiasts, Gift cards to hunting supply stores for the hunting fanatics, etc.
Summary
Offering unique perks and customizing your recognition
programs can motivate your “A” players to stay, regardless of pay. Your
next hire will want to work for you even if he has a “Wall of Gaylord” at home!
Sincerely,
Eric M.
Twiggs
The Accountability Coach
PS. It takes strong leadership to
implement unique perks and a customized recognition program. Email etwiggs@autotraining.net and I will
send you a listing of the top five leadership books that have inspired me.