And when managers treat employees with respect and decency, superior team performance is the result.
The American Management Association came out with a survey that illustrates how a boss's character affects employee performance and retention rates.
- 84% of employees who report to 'kind' managers plan to work for their company for a long time;
- Whereas only 47% of employees who report to bullies agreed.
Managing employee turnover - especially in troubled economic times - can be as simply as applying the golden rule.