Business Issues, CIO Leadership, IT Performance

40% of Your People Are Job Hunting. Time to Use the Power of Appreciation!

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Two out of five IT pros are looking for a new job, according to a new IT salary survey. Some of them could be your top performers. Here are some ideas on what to do differently to help increase retention.

 I just read Chris Murphy’s InformationWeek article “How to Lose Your Best IT Employees” and found it pretty interesting.  He brought forth some points that made sense when I read them but were a little surprising: for example, 2 out of 5 IT people are looking for a new job, according to InformationWeek’s survey.  They also found that pay is important, but people will trade some pay for job satisfaction.  People want to feel that their opinion and knowledge is valued. 

I think most of us realize that these are important aspects of keeping people on payroll.  In fact, if we think about Maslow’s Hierarchy of Needs, it makes perfect sense.  Once people have money enough to provide for their families and themselves, they want other things (not that more money isn’t a plus, especially the way my wife loves shoes :-) ).

Now don’t worry, I’m not about to start a thesis on the psychology of people.  It’s far from my expertise, but I do want to talk about some things that we can do to increase retention.  Obviously we can pay more, but we’re limited by corporate guidelines, as Chris points out.  Putting in a fully funded cafeteria like Google is probably not under our control.  Installing popcorn machines, espresso coffee machines, foosball tables – all fun, but again not always within our authority.   These “big” things are great but usually we can only control “small” things but don’t lose hope, small things can go a long, long way. 

I haven’t always been a consultant; for a long time I was on the other side of the table and a good portion of my career was with GE.  Yes, there are a lot of things that can be criticized about GE, but while I was there, I learned a lot about rewards and recognition and how to keep people happy at their jobs.  Since then, and especially as a consultant, I’ve worked for, and with, a lot of organizations and seen a lot of good practices and some practices that I guess I could say “need improvement”.  Chris pointed out in his article a lot of factors impacting why people look for new jobs and I want to suggest a few things that you can do that might reduce your turnover.

First, don’t underestimate the power of recognition. How many of you have heard “I don’t want my name mentioned at a meeting or put in a presentation”?  I know throughout my career I’ve had people that worked for me that shied away from recognition.  And I’ve also known a lot of managers that say “they don’t like being called out in a meeting, it embarrasses them”.  Well, personally I think this is a cop out.  People will say that they don’t want the recognition because they are shy or afraid or being teased by peers, and sometimes because they don’t think it will happen so they are keeping their expectations low.  This then becomes an easy excuse for management to not do anything.  I don’t care who you are, and what anyone says, being recognized for a job well done feels good.  People like to be acknowledged for their efforts and contributions.  Our job is to figure out what kind of recognition means the most to them.  We also have to make sure that recognition is appropriate, frequent, and timely.  Sometimes a simple thank you is enough, other times it is a monetary reward. 

Once, I had a couple of guys working for me on a big project, and they were putting in a huge amount of hours at night and on weekends.  Part way though the project I acknowledged their efforts by sending flowers to their wives with a thank you note for them tolerating what their husbands were going through.  Funny part is they both came storming into my office the next day complaining about the grief they got at home.  “How come you don’t give me flowers?  Your boss does!”  “If he keeps sending me flowers like this, you can keep working!”  They were kidding, obviously, but it meant a lot to them (and their wives) that I recognized the toll big projects take on families.  Needless to say, they continued to work hard and did a great job for me. 

How much does it cost to bring in pizza and soda for a team that’s working hard?  Simple thing, low cost, but it recognizes hard work and gets people that are working together a chance to socialize a bit.  Another time I had a team working lots of weekends for me, so one Sunday I had a chef come in and cook made-to-order omelets for them.  Yes, it was a little more money, but it was a lot more fun and they appreciated it.  And by the way, it doesn’t cost a dime to write a thank you email to someone copying your boss so the person realizes you are acknowledging their efforts to others.

Second, show your team that you value and appreciate them at a personal level. One “rule” I have is that if I go out with my HP Technology Services team for happy hour or an HP team dinner, we can’t talk work.  Now I’m not saying you can’t have a working dinner, but it is easy to spend every moment you are with your team discussing the latest project.  I try to make sure that we get to know each other.  It’s next to impossible to not revert to work conversations, but by trying to keep it to a minimum – by talking about kids, pets, sports, hobbies, or whatever – we can build relationships among us HPers that make us a more effective team. It just helps that we are taking a break from work and “recharging our batteries” a little.  I think this makes us a stronger team and helps us be more effective in the workplace.

Do you rely only on bonuses and gift cards, or do you reward employees with non-financial items?  What’s the most creative way you’ve thanked someone?

Bottom line is that someone can always pay your people more than you can, but they can’t always make their company a better place to work.  What are you doing to make people want to work for you and want to work for your company?

Read how HP Technology Services teams can help your teams optimize your business results

 

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Discussion
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markjgrindle
Mark Grindle 3 Points | Thu, 05/03/2012 - 12:40

To me, every generation is different from the past.  For example, my parents struggle with email, I do a lot of email, and my daughter finds email too slow.  Just as views of technology have changes, so has views of employments.  Most companies, although they want to retain people, accept that there will be a level of turnover.  People rarely stay with companies 30 years and companies don't expect it.  A lot has changed and will continue to change.  Even think about devices.  I was thrilled when I got my first home PC from work so I didn't have to go into the office.  Now, it Bring Your Own Device (BYOD), people want to bring their device to the office! 

I think all we can do as managers is try to retain the best talent and to do that we have to continue to change how we think about rewards, recognition, and motivation.

pearl
Pearl Zhu 90 Points | Wed, 05/02/2012 - 17:13

HI, Mark, enjoy both Chris's article and your blog, also read a nice article at Forbes on how to builld up a creative team: http://www.forbes.com/sites/dorieclark/2012/05/02/how-to-make-your-team-more-creative/,  as the author argues in her book The Progress Principle: Using Small Wins to Ignite Joy, Engagement, and Creativity at Work it’s a matter of focusing on the right things – namely, ensuring your employees feel a sense of progress at work.

The point is: just like IT or customer srvice for personlization and customization these days, the talent management may need follow the same rules. 

markjgrindle
Mark Grindle 3 Points | Thu, 05/03/2012 - 12:49

THanks for pointing me that article.  At least, according to Dorie, my article isn't that off base.  Small things can be more important than big things.  Dont' get me wrong, bonuses are great (I certainly like them!) but I've always felt raises and bonuses, although important, are short lived.  After some time, the happiness of getting more money wears off.  Consistent small thinks makes a person feel good about themselves and their workplace.  I really like her point on goals too.  I know everyone is different but most people like a sense of accomplishment and progress and that can usually be achieved through goals and metrics that allow people to see what they've done.  I'll also argue that it makes annual reviews easier.  Think of school for a moment.  Quizzes aren't fun but they are a good indication of progress and where there are some more things that have to be learned.  Finals check for completeness and the your final grade is how you did.  Not much different from the workpalce.  Small tasks show progress and help managers (and the employee) better understand strengths and areas of improvement.  Big projects show overall skill and abilities.  Then we do an annual review.  Most people don't want their review based on one single project no more than students want their final grade based on one single test (usually of course!) where they find out what they learned and didn't learn.  A sense of accomplishment and progress is key to job satisfaction.