@@BigMoonShot absolutely! Most of the kids that go to college are the least skilled workers. I actually had a2 year degree, ended up the manager of everyone else. Simply because they had no life or business skills
Keeping employees is easy! Whenever you have a good month in revenue give some of those profits to your employees in cash! No amenities, no parties, no “words of encouragement,” no Starbucks gift cards, no certificates, no employee of the month, no taking the team out to eat. Simply say “hey look we made X amount of money this month here’s some cold hard cash”
@@evanhdez it really is to be honest. It makes sense with their level of generosity given the founder actually used to do heavy blue collar work and the current CEO spent much of his younger adult years also being blue collar, (probably because his father wanted him to sorta walk in our shoes) working the exact machines I have…I’m a mysterious person so where I work is going to remain secret, however ;)
@@Boundlessness you know it’s always been a dream of mine to own a big grocery store, with meat, bakery, deli, restaurant, and produce departments and treat all my employees the way I always wanted to be treated. I know it sounds crazy but I sometimes daydream of it. And no worries man, I understand you take privacy seriously. Keep on living the dream brother!!
People rarely quit jobs... they quit bosses. The second thing is, as a boss, you have to be "comfortable with" the Pareto distribution. Third issue is knowing that a functional conservative organization must have someone who is very "creative and open thinking" about ideas for expansion, who is not the "conservative lead". Usually they get "filtered out" and the organization starts to fail.
The bit on heirarchy makes that team or company seem like a NIGHTMARE of a place to work at. Places that encourage this are always so focused on everyone protecting their ego that good ideas are completely stifled. If you have a problem with someone speaking to you directly because their title in your organization doesn't match your self perceived status then you really need to do some introspection on if you truly value your ego or your product more. Funnily enough Patrick mentions adjusting your language to younger people but doesn't seem to be aware that talented young people more and more are unwilling to be treated like property.
I don't believe that number of employees quit because it doesn't match the numbers. The economy isn't good at the moment especially when you have upto 50 million Americans with no healthcare coverage. There needs to be a living wage.
People also leave stagnant wages. Have a performance appraisal program that TIES to salary appraisal. NOBODY wants to hear that annual performance evaluations dont necessarily apply to wage review. Come on!! At least keep up with cost of living.
Many mid level management teams of some companies seems to be out of touch of reality or just straight don't care for people or have company culture on paper but nothing solid on reality, hiring people mostly based on CV and x years of experience also can screw up selecting talent
Thanks for the video. When 'getting the best' it is often difficult to know IF they are the best or just come across as the best in meetings when in reality there is more talk than substance- or they 'were' the best but not focused on your business...
Its so true that people don't leave jobs, they leave bad bosses. My job had an open VP position and recruiting told me that we got 3,000 applicants for it.. You are competing not just against people who don't have a job, but also against a ton of people with a job. If you have great leadership (at all levels), you can keep people engaged. So often companies promote people into management because they are good at their job -- but the skills needed to succeed as a manager/direct/VP/C level are different than being good at your original job.
@@cutdepiefails6596 That's a good point... In my last 2 companies I worked for the HR folks drilled into us that there are a slew of reasons (which impact employee engagement, which is the primary reason why people leave) why people quit, with poor management being the main catalyst (poor management ties into not building an engaged workforce.. not ensuring salary and raises are appropriate.. not having a healthy environment.. not providing the appropriate training... etc etc). Management is ultimately responsible for all that... Then again, maybe they were drilling it into us because we were the managers So, while you might leave because your salary hasn't increased, that, too, is usually tied to poor management who couldn't influence the changes needed to ensure salaries were good, you were on board with things, etc.
@@GenExDividendInvestor I have been on my own for a while, but when I was in Uni I got a job doing the car returns for a big rental car company, part-time, job was decent (as decent as any job that is related to communicate with costumers), my boss was awesome, the only problem that made people leave was the shitty pay and the long hours and shifts for the guys doing full time.
@@cutdepiefails6596 Gotcha.. so you took the job, even though you knew you would quit soon, but it was worth it for a short time because it was some money which was better than no money.
@@GenExDividendInvestor no, i just needed a job, job was easy enough, and I only had to be there 4 hours. Guys doing full time where there 10 hours (2 lunch hours), but even tho the job was easy enough the pay was too shitty for both the hours out of the house and the rotation (6am to 3.30 pm 2 days of rest, then 3.30pm to 1am next week). Bosses were great, the guys there were top notch, clients, usually 1 major arsehole per 500 returns, but pay for the full timers and hours were really the major factors for them to quit.
Hey Patrick, I know this video doesn't have as many views as some other stuff you do, but I absolutely love the blackboard videos. They help come up with a better business model and I hope you keep making more like this, thank you!
Global US Co of 100+ years. We had a gallop poll of our US employees. 56% were unhappy with another 13% totally checked out. Corporate leadership has lead us to become an apathetic group.
Good that you highlighted the Adobe conference Pat - most CEO's could care less about creative. Shows you're dedicated to your team, and all of your different departments.
I had a boss tell me that I was willing to do everything none of his other employees were willing to do, so I asked for a raise.....all I heard was silence! This was a fortune 500 co. so I know they could afford it!
Just telling you, an above avg employee, just enough to keep you around. Id call their bluff if you are that good. Tell them you got an offer somewhere else and you get a company car. I did that and they offered a big raise but its hard to match a 30k/yr increase
There is no employer loyalty again. Don't sacrifice yourself for a company. Work, learn all you can and leverage your assets and leave for the next level of your life at the right time.
I’d like to see this guy manage the retail industry where there’s not a soul to hire in a race to the bottom era. It’s not always bad bosses....it’s bad industries where racketeering and price fixing are not the cornerstones
Ill tell u why...giving only 1 week vacation after 1 yr. And 2 weeks after 2 yrs! That sux! Also having prick co- workers who act like everybodys boss! (Workplace bullies) Fire them!
3 million quit because working for other people SUCKS. And: In today’s zero interest rate environment you can’t make it anymore in America working for other people because you can no longer get the multipliers to overcompensate for the increasing prices, inflation and taxes. Quite simply: Because so many are quitting it’s a GREAT time to work for yourself. And actually the costs of hiring (and retaining) as you’re saying are so prohibitively high now you’re going to continue to see people with only themselves n one other person in their company/network.
I absolutely hate working for other people. It literally drains every single fiber of my soul right out of me on a daily basis.quite frankly it’s embarrassing working for other people . Health insurance for my family would cost seventeen hundred a month. So I’m going to continue to drag myself to work until I can get this figured out. My empathy is with all of you fellow Americans whom go to work everyday, and listen to the same crap day in and day out. Safety this safety that, no overtime, blah, blah, blah. Twenty three years at a chemical company and on my tenth year at a gas company working for peanuts. I would have been better off selling used vacuum cleaners and stuffed animals.
Todsy was a tough day for me . The issue I’m having as CEO is burning out and mentally drainage. For some reason RU-vid suggested me this video tbh if this didn’t come up on my feed tonight I was about to actually quit and shut my sales business .. it’s not an easy thing to be a leader. This video it’s almost like it revived me. I will stay strong and continue my journey. Thank you PBD ❤️
Same. I feel like unfortunately due to the sexism in a lot of fields, when women get promoted they feel the need to be extra hard, extra tough, etc… and they lose sight of what it means to be a good leader because they’re always trying to prove shit that doesn’t matter. Take your emotions out of the equations and LEAD! That’s it.
Hi Patrick, thank you great content as always. I’ve been watching your videos for a couple of years now and I had the privilege of meeting you. Can I please get more information on the two day training that you mentioned on how to work better with people where you sent part of your team?
Have documented process and procedures and tools that work! In a large corporation the worst thing you can do is tell a person who has a question about a certain task is to go ask someone. I can ask three co-workers a question and get 5 different answers on how I'm supposed to do a task. Don't set up you're employees for failure. Give them the proper tools and ensure there is a constant feed back loop. If a tool or process is rolled out, make sure it works; ask for feedback and ACT on the feedback. Don't tell the employee, I hear you but were not going to fix it.
I wouldn't want to go out dining with this guy for a work event. He would probably just watch my plate and hope I don't finish so he'd eat my food after eating his. He just sounds very hungry.
Best thing I have ever done was getting out of a long term corporate job in the tech industry. The hours, the stress, was not worth it in the long run. Glad I did, and haven't looked back.
Was not paid, got laughed at, lectured and berated... had to go! Take away to them: DO (what you can't/won't do, but ALWAYS expect others to do) IT YOUR G*DAMND SELF! Mad props and THANKS to those who pay, understand and appreciate! Bonus thanks to those like the U.S.A.F. for these reasons! And thanks again Valuetainment )!
Amazon use the mentality that using hb1 visa slave workers from around the world the citizens of united states will assimilated it!!!! Fuck amazon i beat the crap out of a dumb ass lead person and start my own company 6 months im making paper like crazy and i was putting a forecast after two years to see revenues but my advice to every ceo treat good workers like gold tell them we here to make fucking paper youre my family we are team work grow some fucking balls and lets make it happen !!!!!! Thats how you make those coins!!!!!!!😹😹😹😹😹😹🎃🎃🎃🎃🎃🎃💪💪💪💪💪💪💪💪💪💪💪💪💪💪
The company I work for made a contract deal with Amazon. Company has certainly grown Anybody with any sense of self dignity left and now I see people raising their hand to ask if they can go to bathroom. I'm leaving in a couple months, it was NOT easy making escape plans. I also want to mention, this company was one of the best that I had joined.... Businesses need to be careful who they get in bed with...
Well designed very informative video thank you I appreciate your input. I will be utilizing some of this You've give me some good ideas. Me and my friend both run companies but they're small and we struggle to make it big because of employees. We end up running everything ourselves half the time. We need to figure employees out the most.
in theory you can say everything, but the reality is that CEOs know one thing . how can he makes richer his company ? he gets one answer, abusing employees legally with pressure . it's so simple , you can make everything look right in the presentation but let see your real behavior as manager or a CEO in the real world.
It’s tiring when you keep hiring people and firing them!!!! The tendency of gossips for bad employee and employer relationships will damage the company reputation!!!
It should be very easy to run a company. For 1, stop calling them employees. This is a team. 1 team. Everyone is a boss and everyone is equally responsible for getting the win. If you don't think so Mr. Owner, by all means do everything on your own. 2. Fuck 9-5. Work when you want, just meet all requirements at all due dates. 3. Work wherever you want. Just get the work done. 4. Stop giving people titles. Most people have never really accomplished anything. Once you give them an ounce of power they will run with it and ruin everything like having 3 million people quit. 5. Care. Actually care about people. In and out of work. It takes a 3 sec question or compliment to make someone's day.
Who makes those stock corporate environment videos that are always in slow-motion with an obligatory diverse selection of actors dressed in an way that I never see people dressed in? I hate those video.
It might work for some level of people he is working with or culture based on the industry he is associated with. I have never seen this basic level of management on academic level. Sure, elements of what he is saying is common sense but the delivery is more or less blue collar.
my brother Patrick Bet-David, I watched your video and I thought this guy knows what he is talking about I agree with this info. but I had not realize it was you. I met you back years ago in world financial group, I used to break the floor in the Ontario office with Schloeman baseshop and you told me that nobody could do it as I did. Anyways glad to see you brother I am running my leadership training company I wish you the best. Great video
People quit jobs because people where never suppose to work a job (slavery) simple having a chain of command (hierarchy) creates a dysfunction and tension that is combustible.
Hey Pat, let me ask you something about employee training. Which method do you think is the best to retain employees after having them go through a training program? The company I currently work at has a $2500 clause if you leave in 2 years or less after following some of their programs and I think it's a bad idea. What's your take on this?
That sounds so shocking to me. That's more than half the population of my country, Ireland. But suppose it is less than 1% for America, so not as shocking then..
Where do I send my resume at? Customers services beast with 14 years of experience, potential to run operationals like a champ. Working for a big coorp for the last 10, cap salaries, no development, no training.
@ valuetainment can you guys try to interview one of these people: Jay-z, Thomas Sowell or Sadghuru? I think these would be great interviews to add to your inventory and they can expand your viewership.
6:15 Force somebody into the "Company Culture" may make them quit!!! Lets stop here a bit. What is company culture? For me is a selling slogan, nothing more. For instance, trust, do theright thing the first time, respect, we value our customers and employees, etc. All those wonderful values that make the company look like they are serious. Always those values are good things, common sense, that are aligned with good people values. So my question is what kind of values migh make an employee to quit? Simple, an employer that undervalue tjeir employees, the so called "LOW COST CULTURE", when employers or managers want to undermine quality over schedule, especially whe doing products that have safety constraints for the customers, a toxic leadership that is not transparent and lie to the employees. All that bad practices make employees quit.
I guessed 100,000 people quit their job every day before the video started. Love this video and your channel. This is the best insight into the employee world you can find. Best way to have growth in the business world and entrepreneurship.
1. Don't be a jerk 2. Have realistic expectations 3. Pay them well 4. Appreciate them 5. Don't micromanage 6. Challenge them 7. Make sure they are in roles that suit them.
Thank you for always helping Bosses hear what they need to hear. Anyone who owns a business should watch all your videos. You've helped alot. Thanks Pat
It’s very simple, treat your employee’s right and pay them fairly. You cant treat your people like crap, and pay them little to nothing and then cry about them not being “loyal” as they leave. We are all people who have family’s, want to be financially stable, and happy at our work place.
