Good management key to staff retention following the Great Resignation
New research from people analytics company, Visier, has revealed that 43% of UK employees admit to having quit their jobs due to bad management. A further 53% are currently seeking new roles due to their current manager.
In the study of 2,100 workers, 85% agree that good management is key to their happiness at work. Four in ten said they stayed in jobs longer than they planned because they had good relationships with their managers.
The majority of employees surveyed believe that flexible working is beneficial for both workers (74%) and businesses (69%). But while staff enjoy flexible hours and remote work, it is clear that lack of face-time has been damaging for employee-manager relationships. The main contributors to this are:
- Lack of face-to-face meetings (51%)
- Increased working from home (44%)
- An over-reliance on emails (44%)
Only 48% of workers are comfortable discussing their personal lives with their managers, indicating that leaders are struggling to build strong relationships with their teams.
Daniel Mason, VP EMEA of Visier, commented: “The old cliché – people don’t leave jobs, they leave managers – rings true, and the pandemic has made it harder for leaders to develop personal relationships with employees.”
“This isn’t a case of leaders becoming bad managers overnight, but instead, they are making difficult decisions with less information available to them.”
“The move to remote and hybrid working has starved managers of the opportunity to observe and meet with team members. Face-to-face interactions and other natural moments to develop a rapport are fewer, so managers should look to enhance their toolkit with data and insights to better understand and anticipate employee needs.”
When asked to identify the most valuable traits of a good manager, the most popular responses were as follows:
- Treating people well (47%)
- Listening to workers (47%)
- Showing respect to all members of staff (47%)
On the other hand, the attributes of a bad manager were:
- Failure to listen (49%)
- Being unapproachable (47%)
- Treating other members of staff differently (43%)
- Shouting at the team (42%)
The most important factors for happiness in the workplace were:
- Enjoying their work (45%)
- Good pay (39%)
- Good colleagues (35%)
Further data revealed that:
Sixty-two percent of the respondents felt that they currently had a good manager, and 45% believed that they could do the job better themselves. This group was questioned as to how they would improve, and their responses were:
- 53% said they understood the concerns of other employees
- 46% would treat all members of staff with equal respect
- 36% would make an effort to get to know the people they manage better
Mason continues: “Businesses have spent the past few decades using data and other innovations to improve customer relationships and increase revenues. Many organisations are yet to harness these methods to better understand their most important asset – employees.”
“Every organisation already has a wealth of people data scattered throughout. Modern tools and analytics can find and organise this data to generate people insights to help you better understand and manage talent. When these insights are combined with other types of data from across the organisation, the result can drive more impactful business outcomes and unlock the next wave of growth and success.”
With employers struggling to fill vacancies and retain key talent following the Great Resignation, it’s clear that good management is essential to staff retention.