{"id":135473,"date":"2023-08-22T13:04:35","date_gmt":"2023-08-22T13:04:35","guid":{"rendered":"https:\/\/monday.com\/blog\/?p=135473"},"modified":"2023-12-24T12:17:40","modified_gmt":"2023-12-24T12:17:40","slug":"maximizing-the-impact-of-your-top-performers","status":"publish","type":"post","link":"https:\/\/monday.com\/blog\/monday-insights\/maximizing-the-impact-of-your-top-performers\/","title":{"rendered":"Maximizing the impact of your top performers"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"","protected":false},"author":164,"featured_media":135478,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"pages\/cornerstone-primary.php","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_title":"","_yoast_wpseo_metadesc":"","monday_item_id":11239572350,"monday_board_id":0,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[13988],"tags":[],"class_list":["post-135473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-monday-insights"],"acf":{"sections":[{"acf_fc_layout":"content_1","blocks":[{"main_heading":"Workplace trends ","content_block":[{"acf_fc_layout":"text","content":"

E-commerce<\/strong><\/em><\/p>\n

TikTok is launching an e-commerce business in the U.S.<\/h3>\n

TikTok is expanding its empire and launching an e-commerce business to sell Chinese-made goods in the U.S., stepping up its rivalry with popular China-founded shopping platforms Shein and Temu. Similar to Amazon, TikTok will store and ship items like clothes, electronics, and kitchen gadgets on behalf of manufacturers and merchants in China, and will also provide marketing, transactions, logistics, and after-sale services. TikTok representatives emphasize that the company\u2019s advantage over competitor platforms in this industry is that they have one billion monthly active users globally, which they can leverage for its customer base. That being said, analysts warn that TikTok\u2019s rollout in the U.S. could add to the scrutiny and pressure the company is already facing from regulators.<\/p>\n

Flexibility<\/strong><\/em><\/p>\n

\u2018Lazy girl jobs\u2019 are trending<\/h3>\n

While work-life balance has been especially present in many workplace conversations over the last few years, there\u2019s a new TikTok-fueled trend that encourages women, in particular, to strive for jobs that don\u2019t require so much energy. \u201cLazy-girl jobs\u201d have replaced quiet quitting as the latest anti-hustle fad, with the #lazygirljob hashtag racking up over 14 million views in just a few weeks. Women are using this hashtag to share career advice on the benefit of jobs that pay a decent salary without demanding such hard work \u2013 typically nontechnical roles at tech companies that offer flexible hours and have remote work options. While some are treating this as a new concept in the workplace, many experts argue that this is simply a new name for the same desire to have more flexibility and a healthier work-life balance than the rise-and-grind that has long motivated previous generations.<\/p>\n"}]},{"main_heading":"The AI corner","content_block":[{"acf_fc_layout":"text","content":"

Safety<\/strong><\/em><\/p>\n

Some workers in Kenya are traumatized by AI<\/h3>\n

Before ChatGPT was released to the public, it had to go through serious screening to ensure harmful content wouldn\u2019t reach its tens of millions of users. One of the screening stages was outsourced to human workers in Kenya, who were paid roughly $2 per hour to review and categorize tons of extremely graphic content obtained online and generated by artificial intelligence in order to build an AI safety filter that OpenAI could deploy. Recent research has revealed that the Kenyan workers who were hired to do this are traumatized by the amount of severe violence and sexual abuse they were forced to see. In fact, many of the workers reported a serious decline in their mental health and that their relationships have fallen apart as a consequence of this work. Some now wonder whether the safety they provided for users of the AI tool was really worth it.<\/p>\n

Compensation<\/strong><\/em><\/p>\n

Amid Hollywood strikes, Netflix touts $900,000 AI job<\/h3>\n

The use of artificial intelligence in the film and television production \u2013 to craft scripts, simulate actors, reduce payments in creative work, and more \u2013 has been a major point of contention in the Hollywood strike. And while actors and writers are demanding fair compensation and protections from the encroachment of AI, Netflix has listed a position for a machine learning product manager that will pay up to $900,000 a year. According to the Screen Actors Guild, 87% of the guild\u2019s actors make less than $26,000 per year, and they must earn $26,470 before being eligible for health insurance benefits, so many are furious that this single position\u2019s earnings could qualify 35 actors and their families for coverage. Netflix has listed a number of other AI-related positions, and Disney is also looking to hire several machine learning-related roles, though it has not specified the salary range.<\/p>\n"}]},{"main_heading":"Maximizing the impact of your top performers","content_block":[{"acf_fc_layout":"text","content":"

With Jason Miller, Senior Director at monday.com<\/p>\n

\n

\u201cMost people don\u2019t leave their jobs, they leave their managers.\u201d<\/h4>\n<\/blockquote>\n

Jason Miller, Senior Director at monday.com, has long managed his team members with this in mind. And that\u2019s probably why he\u2019s one of the most beloved leaders at the company. In fact, a number of the people whom we\u2019ve interviewed for thoughtful work advice credit their leadership understanding and success to Jason.<\/p>\n

While Jason\u2019s achievements as a leader are certainly telling, real data backs up his claim. In fact, Gallup research found that 70% of the variance in team engagement is determined solely by the manager and that half of surveyed workers have left their jobs to get away from their managers.<\/p>\n

So, as a manager, when you can so profoundly influence your employees\u2019 experiences and retention, how do you keep them engaged and maximize their potential?<\/p>\n

Here\u2019s some of Jason\u2019s management advice:<\/strong><\/p>\n

Make your intentions clear<\/h3>\n

From the get-go, align expectations with your team members about the intentions of your working relationship. Whenever someone new joins his team, Jason is always direct, explaining that his goal is to help his employees grow and improve. He openly acknowledges that he doesn\u2019t expect anyone to stay on his team forever, and for that reason, he wants to make sure that by the time they leave, they are better than they were when they arrived. Setting that expectation with your team members from the start enables them to feel confident that you, as their manager, have their backs, and that whatever feedback or challenges you present them with will be with the ultimate goal of helping them reach their full potential.<\/p>\n

Pay attention and give honest feedback<\/h3>\n

It can be hard for us, as people, to take a step back and identify our greatest weaknesses, which is where you, as the manager, come in. Pay attention, and really take the time to understand each of your employees strengths and weaknesses. Then, help them grow and develop by giving them timely, honest, and authentic feedback. \u201cGood job\u201d or \u201cI think you could have handled that differently,\u201d don\u2019t give your employees the direction or insights needed to get better. What does help, however, is when you can spot specific elements your employee is doing well and where they have room to improve and you can actually relay that information to them. Be sure to create an open line of communication with your team members and to explicitly state your point. Remember, there\u2019s a difference between giving critiques in a supportive way and trying to sugarcoat so much that you fail to actually provide any tangible feedback.<\/p>\n

When Jason identifies an opportunity for his employee to improve, he\u2019ll often start his feedback by asking, “can I be very direct with you?” and reiterate his goals in sharing this feedback in order to set the right tone for the conversation and establish an environment of openness and transparency.<\/p>\n

Keep your team members challenged<\/h3>\n

When work becomes repetitive and mundane, employees start to feel like they\u2019ve reached their ceiling and may begin to lose interest. So, as a leader, it\u2019s important to try and identify opportunities for them to continue to grow and develop. As you come to understand their professional weaknesses, hand them opportunities in which they\u2019ll be challenged to tackle those limitations head on and truly improve. While it\u2019s widely assumed that employees are constantly looking for promotions, research suggests that more often, they\u2019re simply seeking new challenges and the chance to explore something different. According to the MIT Sloan Review, lateral career opportunities are 12x more predictive of employee retention than promotions. So, do your best to create a meaningful and dynamic work experience for your team by finding ways for them to really develop their skills and expertise.<\/p>\n

Provide thoughtful recognition<\/h3>\n

One of the secrets to being a great manager is simply caring. Knowing how to make your employees feel seen and celebrate successes can make all the difference. In fact, Achievers research found that 74% of surveyed workers mentioned recognition as a top factor that would keep them at their current company, and a recent Bonusly and SurveyMonkey analysis revealed that 63% of employees who frequently receive personal recognition at their organization were unlikely to look for a new job because the recognition conveyed a sense of job mastery. These types of acknowledgements help employees feel like they are doing what they should be doing and that you, as their leader, recognize the value they bring, leading them to be less interested in seeking opportunities elsewhere.<\/p>\n

\u201cOften folks think of recognition as awards, bonuses, or recognition in front of others, but I like to think of it in small ways too.\u201d Early on in his career, Jason got a private message, out of the blue, from the CEO at his organization that was very meaningful and showed she recognized his contributions. That always stuck with him and is something he actively tries to do with his team members. As a manager of so many people, he still goes out of his way to reach out to employees and let them know that he sees and appreciates the small things they do too. \u201cGiving recognition for something outside of the norm can go a long way,\u201d Jason says.<\/p>\n"}]},{"main_heading":"Water cooler chatter","content_block":[{"acf_fc_layout":"text","content":"

The Saudi football club Al Hilal proposed a record $332 million transfer fee to bring over Kylian Mbappe from Paris Saint-Germain, and a one-year salary worth $776 million, which amounts to $24 per second. For context, that\u2019s more than LeBron James\u2019s NBA career earnings and Tiger Woods\u2019s PGA Tour earnings combined, according to Front Office Sports. Recent reports, however, suggest Mbappe won\u2019t be taking the offer.<\/p>\n"},{"acf_fc_layout":"quote","quote_text":"\u201cAl Hilal you can take me. I look like Kylian Mbappe\u201d","quote_author":"Giannis Antetokounmpo, professional basketball player for the Milwaukee Bucks","quote_author_avatar":false,"quote_author_position":""},{"acf_fc_layout":"text","content":"

With such extreme heat in the southwest, doctors are seeing a spike in patients who were burned by falling on the ground. In Arizona, where temperatures have climbed higher than 110\u00b0F\/43\u00b0C, one doctor told CNN that about one-third of the beds in his 45-bed burn unit are occupied by people who fell and were burned by the ground. A Nevada doctor gave a similar report.<\/p>\n"},{"acf_fc_layout":"quote","quote_text":"\u201cThe temperature of asphalt and pavement and concrete and sidewalks in Arizona on a warm sunny day or summer afternoon is 180 degrees sometimes. I mean, it\u2019s just a little below boiling\u201d","quote_author":"Dr. Kevin Foster, Director of Burn Services at the Arizona Burn Center","quote_author_avatar":false,"quote_author_position":""}]},{"main_heading":"Question of the week","content_block":[{"acf_fc_layout":"text","content":"

Last week\u2019s answer: Over $570 billion<\/h5>\n

This week\u2019s question:<\/strong> What\u2019s the most widely used social media app?<\/p>\n"}]},{"main_heading":"Just for laughs","content_block":[{"acf_fc_layout":"image","image_type":"normal","image":135478,"image_link":null}]}]}],"lobby_image":false,"post_thumbnail_title":"","hide_post_info":false,"hide_bottom_cta":false,"hide_from_blog":false,"landing_page_layout":false,"sidebar_color_banner":"","custom_tags":false,"cluster":"","display_dates":"published","faqs":false,"activate_cta_banner":true,"cta_banner_text":"

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