Rather than trying to resolve problems on their own, caring leaders recognize that there are other team members who might have valuable insights to contribute. When team members are involved in the issues and problems that a company is facing, it provides an opportunity for a fresh perspective, and allows employees to contribute and feel part of the team. When employees feel they are safe to express their true thought and ideas, they can express themselves freely - without a fear of retribution.
Lower attrition rates and employee retention are always favorable for a company’s bottom line, which is why it really does pay to tune into the needs of your employees by doing what it takes to become a more caring leader. The opinions expressed in this article are not intended to replace any professional or expert accounting and/or tax advice whatsoever.