Your team isn't looking for perks. Here's what they care about...
If you don't have foosball tables, company picnics, and happy hours at work, don't worry, you're not behind.
A new study finds that young workers place more value on respect from managers than office perks. The research suggests that companies should invest more in training managers to nurture employee well-being.
THE BAD NEWS:
It's easier to buy a pingpong table than it is to invest in your managers.
THE GOOD NEWS:
Good leaders are made, not born.
Here are 3 steps to start making good leaders:
Create/adopt systems that will make them successful. Create a culture code. Establish a communication cadence. Adopt an onboarding strategy. Good intentions don't necessarily create good management. Success can only be achieved through setting clear expectations.
Train employees on systems. Don't assume that a manager knows how to host a one-on-one meeting with a team member or hold an employee accountable for their behavior. Train on how they'll be expected to do these things.
Coach employees through systems. Once managers begin using systems it's critical that they are provided support, especially in the early days. Just as you're assigned a coach when you join the gym, managers need support to follow the systems.