Sunday, November 2, 2014

#1 Reason People Keep Coming to Work


If someone asked you what the number one most important indicator is for recruiting and retaining top talent, what would you say? Good pay? Great benefits? Time off? Flexible schedules? While these are all contributors to a great overall package, the number one necessary element is actually meaningful work.

At the LinkedIn Talent Connect conference I attended in San Francisco, this was a theme that continued to appear through the course of the three-day event, and I found this concept to be really interesting to explore, so I chose if for my #5 big take away from Talent Connect. You can see my previous Top 3 take always on my blog at www.highgearcareer.blogspot.com

I wanted to write specifically about this topic because I think that meaningful work can happen in a few different ways, and sometimes I think that people can find it challenging to connect their day job (manager’s included) to something that would be meaningful or inspiring. So, below I have listed a couple different ways to be able to create meaningful work regardless of what your day job is.

1.       Create meaningful work by setting specific learning objectives with your job.

Co-founder of LinkedIn, Reid Hoffman, recently authored a talent management strategy he calls The Alliance. In this method he addresses how to keep your employees engaged for periods of time or “tours of duty” by openly discussing their long-term goals, which may not be inclusive of a long-term career with the company. However, in order to keep them engaged in achieving the goals of the company, the manager and employee discuss what professional development goals can be achieved during the designated tour. This is a great tactic because the company wins the loyalty and productive efforts of an employee for a designated period of time, and the employee gets to create new opportunities for themselves by exploring new skill areas: win-win for everyone.

 

2.       Create meaningful work by leveraging your company’s resources to achieve your personal goals.

Matthew Kelly explained how a waste management company effectively used company resources to help employees achieve personal goals in his 2007 book, Dream Manager. After realizing the significant challenges and expenses accrued with the high turn-over rate in his company, the team in his company conducted some research around why people were leaving. When they discovered that the reason people left could easily be remedied with a minimal investment by the company things started changing.

 

It all started with a simple survey and a bus. By alleviating the cost associated with the drive to the plant by providing a bus to shuttle employees in, the leadership learned they could retain workers who were otherwise put out by that expense. First the company providing a bussing service, then financial counseling. Before too long, employees were achieving personal goals like homeownership. How was this possible? The management in this story noticed that through the investment in a full-time employee (the Dream Manager)to help employees achieve their personal goals that retention improved, turnover reduced, and productivity sky-rocketed.

 

While not every company may have a dream manager on their staff, this story has become widespread in talent management circles, and employers are becoming increasingly aware that offering this type of benefit provides massive returns on the investment.

 

What if your company does not offer a dream manager? Well, then it leaves more responsibility on the individual to seek out resources. If your company is not in the habit of offering these types of programs, see if there is an opportunity to mentor underneath a manager who could unofficially provide you with the right guidance to help in a similar way.

 

In my career I have been fortunate enough to connect with some incredible talented professionals, but it has never been as a result of my working for a company with a Dream Manager type of program, but rather it has been as the result of my persistence to learn more and be the best at what I do. People want to help hungry people. It doesn’t matter if you’re hungry for a sandwich or starving for information, people want to help others, and if you reach out, I promise you will find people interested in sharing.

 

3.       Create meaningful work by connecting to your company’s mission.

This is kind of a no-brainer, which is why I saved it for the last point. While, in theory, it’s ideal to only accept jobs in organizations where you share a mission or common vision, let’s be real. Sometimes in life you accept jobs for other reasons: maybe it’s for the money, maybe you are geographically tied to an area.

When I lived in San Diego, I spent some time working for a health clinic, and there were a number of people who worked there who conveyed the importance of the work we did as an attractor for employment. Many long-term employees had been recipients of care at the clinics as children, and several times when people left, they would immediately want to return.

Sharing a mission has the direct benefit of essentially finding joy in your work because you understand that while your role may not be directly deploying the mission of the company, it contributes to that greater work being accomplished.

I hope you’ve been able to find a way to create meaningful work for yourself or your employees. If you found any recommendations useful, please feel free to let me know.

Check back tomorrow for Take Away #6

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