SME Employees Lack Trust in Bosses, 45% Quit Due to Them
A recent survey reveals a concerning lack of trust and value among SME employees towards their bosses. 40% feel untrusted or undervalued, with 42% believing they could outperform their manager. This dissatisfaction has led 45% to quit jobs due to their boss.
The study highlights stark differences between male and female bosses. Men are more likely to micromanage and over-delegate, while women tend to show favoritism. Employees also criticise bosses for not delegating effectively and taking credit for others' work.
The impact of these leadership styles is significant. 40% of employees believe their boss's interference hampers productivity. 60% think the business would function better if left to work independently. Despite this, the average boss rating stands at 6.7 out of 10, with half finding their boss inspiring and 58% saying they're open to challenge.
Notably, bosses in certain industries like retail, where direct communication and support are key, tend to be rated more positively. However, leadership quality varies greatly across sectors.
The survey underscores the need for SME bosses to improve trust, delegation, and productivity. While some bosses are highly rated, particularly in retail, there's a clear need for improvement across many SMEs. Better leadership could prevent employees from leaving due to dissatisfaction and boost overall productivity.
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