What is the main reason, or what are the main reasons why C-level executives decide to leave their high-status, preferentially-treated, endless-access-to-company`s-benefits and amazingly-paid job?
This is a question many people have, and honestly, just like anything in life, there is more than one perfectly good explanation or reason for it to happen.
For many, this situation is something absolutely difficult to understand, because, what they think is that anyone would kill for a job like that, for a salary like that, and for having a powerful position like that. The truth is, not everything is as pretty as it seems, and even though having a C-level job is something many professionals dream about, it is not always as perfect as it may sound. With an important position, comes an important responsibility, also an important salary and benefits, but also important pressure and challenges that are not always easy to take.
Now, the other question is: Do C-level executives quit their job for the same reasons any other mortal, and average employees do? Apparently yes. Let’s see the reasons.
To find out more about Jason Hanold’s recommendations of how to write a great welcome letter for employees, click here
Unclear company’s vision
Whenever an employee, and even a C-level executive starts feeling the company and its leaders are kind of lost, or even worse, the interests the leaders are working for, have nothing to do with having a unique company’s vision or a structured vision statement…be prepared. This is something to worry about. The thing is, c-level executives should have a very good communication with each other, share successes, share goals, share issues and ways to resolve them, and most importantly, share thoughts, opinions and plans about the company`s vision.
Having long work days is not exactly what a “normal” person aims for. Workaholics do exist, but even in the deepest part of their heart and conscience, they know that is not the ideal way to live and spend their time. In order to be happy, a person should have a balance in time and quality for their work, their family, their friends, their couple and their hobbies, among other important things in life. C-level executives have the biggest risks of having poor work/life balance.
Poor human resources management
People matter and they matter more and more every day, especially to other people that work with them. The clue here is that people should matter more to the people they work for, than to the people they work with. At least more than they matter to them today.
This becomes pretty obvious and notorious with companies. When people don’t matter to their companies, companies will stop mattering to people. That is why human resources management should be one of the top priorities in every company, and C-level executives should be part of the plan, as the ones to spread out the feeling of caring about people within the companies.
Lack of inspiration
Inspiration is one of the reasons why people and employees either feel happy and motivated with their job, with the place where they work at and with the boss they work for. Inspiration, involves feeling respect, admiration, sense of belonging and the fact of wanting to learn and to do more for the whole work environment, team and company that has hired them. Inspiration is one of the things that actually moves emotions, and makes people work harder and better and make them do their best. When an employee or even a c-level executive is not feeling inspired, their team and company will notice it for sure and sooner or later it will affect them professionally. Inspiration should always take place in order to keep the energy going. Inspiration will eventually turn into motivation.
No signs of professional development
No matter how good a person gets at something, how high the position is that people are hired for, people will always want more. Learn more, earn more, explore more, live more, sell more and be better. This is a natural rule. The main reason for that is because people feel better, happier, when they get better at something. Our brain is either trained or naturally born to feel rewarded and happy when any type of improvement happens. Improvement comes from development and professional development is certainly one of the best ways to motivate employees, even at a c-level. Because even the top executives have many things they can improve, and if they improve, their teams will improve, because of the guidance they will be able to give and the goals they will be more prepared to achieve.
With a lack of professional development plans within a company, will eventually, or even automatically come a lack of interest, a lack of motivation and a lack of commitment among people.
Read Jason Hanold`s recent post about The importance of training and education for retired soccer players.