Why Good Employees Quit

Your team is running like a well-oiled machine. Finally.

You might think that this is the time for a sigh of relief and to focus on other things for a change.

That would be a mistake.

The best CEOs are always working on protecting and developing their team – even when things feel like they are going perfectly. Because they know it’s always easier to get out ahead of a problem than to react when things go badly.

Here are some reasons why companies lose good employees. Don’t let this happen to you.

  1. Lack of Trust & Respect. Make sure you have open lines of communication with your team. Be mindful of work-styles and providing the right level of direction, leadership, and management to match the needs of the situation. If you don’t trust in them, or the knowledge skills or abilities then it is your responsibility to remedy the situation – or to replace the person. Carrying someone on the team who you don’t trust – or who doesn’t trust you – will undermine trust and respect with the rest of the team.
  2. Low Pay. Make sure you are paying your employees fairly for the value they bring. Consider the cost of replacing the team member when considering increases. It’s almost always more expensive to replace a high performer.
  3. Poor Company Culture. Culture may be intangible – but it is really important to your employees (and your customers). The culture you create (or tolerate) will either attract or repel people. If you have a team of loyal productive staff then get curious about what you’re doing right so you can work it into your operating system. If your people are leaving or underperforming then you’ve got to take a hard look at how to improve your culture.
  4. Feeling Overworked and Underappreciated. This is especially dangerous for your high performers who take on more and more responsibility and will be some of the last to complain – until it is too late.
  5. Lack of Growth Opportunities. Make sure you are talking with your employees about how they want to grow, learn and develop. It doesn’t necessarily have to be a promotion – it could be an opportunity to expand their knowledge, skills, or abilities.
  6. No Work-Life Balance. Make sure you respect the lives your employees have outside of work. And while you’re at it – respect it for yourself. Set a good example for your team.

One of the most effective tools to retain good employees is to adopt quarterly development conversations to replace the once-a-year “review”. Quarterly discussions are much less stressful for you and the staff – and they allow for a much more meaningful exchange of ideas and information.

Team development and growth need to be part of your own monthly CEO checklist – especially when things are going great.

Yours in Success,


P.S… If you are concerned about employee retention or engagement then it’s time to set up that free consultation I’ve mentioned before. I’ve only got a few each month – so if you’d like yours just Click HERE and we’ll set it up.

Doug BrownWhy Good Employees Quit