Thanks for the Bonus — I Quit! | The View from Harvard Business | BNET
Short article # 40
The article from BNET (link below) makes an apt point regarding employee praise, a point that should be common knowledge for any manager or leader:
- Principle: deserved praise is critical to feelings of connectedness, employee loyalty, as well as ongoing contribution of uninhibited effort.
One of my own consulting engagements closely mirrors the story told in the article: A small business client was suffering from accelerated turnover, and inexplicably, several professional staff level employees had resigned only months prior to collecting sizeable bonuses.
Can lack of praise or lack of relationship with one’s manager be a significant enough factor to prompt an employee to leave an employer, moreover, can it actually cause them to walk away from tens of thousands of dollars in bonus money? According to my first-hand experience, yes.
Thanks for the Bonus — I Quit! | The View from Harvard Business | BNET

