077: How to Handle Employee Resignations
In this episode, I sit with several leaders during a Leaders Jam Session monthly call. Our discussion focused on employees who tender their resignation because they’ve received an offer for another job that pays more. How would you handle this situation?
KEY TAKEAWAYS
- Very rarely does someone leave a job strictly based on money. Ask good questions to understand motivations
- Keep in mind, while this is about them, it may also be about you, so take time to reflect when appropriate
- Consider how this event will impact the rest of your team
- Approximately 50% of employees who accept a counteroffer leave their job within 12 months
LEADERSHIP RESOURCES
- https://hbr.org/2016/09/why-people-quit-their-jobs
Leadership Jam Sessions' Executive Producer, James Christie
When James is not busy leading commercial teams in the biopharmaceutical industry, you can find him behind the scenes orchestrating all that happens for his brainchild - The Leadership Jam Session Podcast. As our Executive Producer, James' background of more than 20 years in Marketing, Sales, and Training, combined with a passion for business and leadership education, have all inspired the very direction we take with delivering our content. James holds a Master’s degree in Organizational Leadership from Gonzaga University.