It’s Not About the Money

The 16%

How do you keep good people on your team? When good people leave, we often console ourselves by saying the reason they left was because someone offered them more money. However, money may not be the main reason.

In a recent study of exit interviews from employees, money came in 5th for top reasons why people leave an organization.

You may not have much control over how much money an employee makes, but as a manager or supervisor, you have a lot of control over other areas. Mastering these areas can make up for the fact that you may not be able to be as competitive when it comes to how much money you can pay. In fact, effective leaders strive to make sure that no one outpaces them in these things.

What are these things that caused people to leave jobs more often than money, and why are they…

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Author: lizstincelli

I am Liz Stincelli and I am passionate about recognizing, inspiring, and igniting the leader in each of us. I am the Founder of Stincelli Advisors where I specialize in helping management teams learn new ways of looking at problems and finding new approaches to discovering solutions. I hold a Doctor of Management degree with an emphasis on organizational leadership. I offer 20+ years of pro-active operations management, problem-solving, team-building, human resources, accounting, and business administration experience in a variety of industries. I serve on the Editorial Review Board for the Independent Journal of Management and Production and the Journal of Managerial Psychology. I have also been a guest lecturer at the Bill and Vieve Gore School of Business Westminster College. You can learn more about me by reading my blog here at: www.stincelliadvisors.com or www.engagenow.me. Connect with me on Twitter @infinitestin, google.com/+ElizabethStincelli on Google+, and https://www.linkedin.com/in/lizstincelli on LinkedIn. You can contact me by email at stincelliadvisors@gmail.com.

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