Why "Good" employees leave the organization?

Why "Good" employees leave the organization?

Well that's the question, and here's what a study by David W. Richard has to say.

A study came up with surprising finding: If you're losing good people, look at their immediate supervisor. More than any other single reason, he is the reason people stay and thrive in an organization. And he's the reason why they quit, taking their knowledge, experience and contacts with them. Often, straight to the competition.

"People leave managers not companies," write the authors Marcus Buckingham and Curt Coffman. "So much money has been thrown at the challenge of keeping good people - in the form of better perks and better training - when, in the end, turnover if mostly a manager issue."

If you have a turnover problem, look first at your managers and supervisors.

Beyond a point, an employee's primary need has less to do with money, and more to do with how he's treated and how valued he feels. Much of this depends directly on the immediate manager.

Please comment if you disagree!