Welcome to Episode 308 of the MSP Marketing Podcast with me, Paul Green. This week…
There are many fears that MSP owners have. One of them is of course being breached, another one is running out of cash. But surely one of the greatest fears is that of losing one of your key technicians. And I’m so sorry to even bring this up, but it’s something that we do need to talk about because there are always very specific reasons why any employee leaves any business.
I want to explore the three big reasons that technicians might leave you so you can address those in your MSP before something terrible happens.
You’ve probably heard that people don’t quit businesses, they quit managers or owners… whoever’s managing them.
Well, this is absolutely true, and in fact, studies have consistently shown that 75% of voluntary exits are due to the boss and not due to the role itself. Another survey that I found on Google show that 57% of employees left their job because of frustrations with their manager or leadership.
So here are the top three specific reasons that a technician might leave your business:
The first is poor management – a lack of support, micromanagement, or even bad communication. Managers who don’t coach, who don’t listen or who don’t trust their people well they drive them away.
The second reason is no meaningful growth or opportunities. High performers crave challenge and progression, and without it they get bored or worse, they leave.
And the third reason is feelings of being undervalued or unrecognised. If your techs aren’t getting feedback, recognition or meaningful rewards, they’ll just look for a place that gives them those things.
But now for the good parts and how to flip the script and keep your top tech talent engaged, motivated, and loyal:
Number one – coach them, train them, invest in them. Make development a habit, not just lip service. Training, whether you do this yourself or whether you pay for them to have training, it boosts retention massively and tailored development plans show that you’re serious about their future. Plus, if you invest in leadership, you won’t end up with accidental managers who drive people away. And of course that’s good because as you can develop managers who work for you, it’s going to be easier for you to hand over the reins for the business at some point when you want to take life a little bit easier. And we do get there, I promise you we do.
Number two – give them room to grow and give them meaningful work to d...
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