Ep. 49
Creating and Keeping High Performing Teams w/ Molly McGrath
In episode 49, we talk with Molly McGrath about a few ways to motivate superstar team members to stay with a company.
Molly McGrath
Founder
Hiring & Empowering Solutions, LLC
In our extremely competitive market, recruiters are actively trying to draw away dissatisfied employees – and it’s working! In this episode, we met with Molly McGrath, founder of Hiring & Empowering Solutions, LLC, to learn how companies can hold on to skilled employees. She told us that you can only keep your best people if you give them a good reason to stay and put in the time necessary to help them grow.
During our discussion, we talked about:
- Cultivating a “leaders leading leaders” mindset
- Providing employees with opportunities to give feedback and improve processes
- Reworking the company framework to focus on human beings first
- The importance of pouring time into manager-employee relationships
- How to replace performance reviews with quarterly employee growth plans
- Why raises and bonuses are important factors in employee retention
Where to get the three books Molly has written on this topic
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Really, we all spend the majority of our waking hours at work … and even when we’re not at work, we’re worrying about work, we’re thinking about work … [employees] really truly do care as much as you do.”
Molly McGrath
When you hire people, and you hire them right, they don’t need to be managed. You hire people that are self-governing.”
Molly McGrath
We have to remember we’re hiring human beings first and foremost, human doings second.”
Molly McGrath
We forget the number one item in our job description – we own a business, we lead a business, we run a business – is to pour into our people, and to grow them up, and to spend time with them, because they’re the greatest asset in the business.”
Molly McGrath
Studies have shown this over and over and over again, that if people have some kind of incentive-based compensation plan or bonus plan … that that is the greatest retention tool that you have.”
Molly McGrath
Recruiters are sharks. They’re vicious in every single industry right now … I think it’s an invitation for all of us as leaders and owners and entrepreneurs to stay on our toes to invest in our people.”
Molly McGrath
You want your employees to dream. You want them to have a vision of their future self versus coming in for a paycheck.”
Molly McGrath