The Ledger: The importance of good managers

The pandemic gave many workers an opportunity to rethink their careers in what’s been described as the “Great Resignation.” A recent Predictive Index report reveals that effective management is correlated with staff retention.

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What makes a good manager?

Top 5 skills employees value in managers (% of respondents)

  1. Confidence – 33%
  2. Effective communication – 30%
  3. Honesty – 28%
  4. Ability to delegate – 26%
  5. Asks for feedback – 24%

Top 3 ways managers can boost team morale (% of respondents)

  1. Lead by example – 40%
  2. Hold one-on-one meetings – 28%
  3. Prioritize self-care – 28%

 

48%

of employees are thinking of leaving their company in the next year, but only

27%

of workers who report having a good manager say the same

 

Source: 2021 People Management Report from the Predictive Index