Our superstar didn’t quit because the organization denied him a $3,000 per year pay increase. He quit because the response to his request, in a way, disrespected him. The response distilled down to: If we do it for you, then we have to do it for everyone else in the whole world too! (which is complete nonsense). The irony is that we probably spent $30,000 in missed opportunity costs plus the hard costs of filling the position. We chose to disrespect someone and then spend 10x as much finding their replacement because the organizational culture made this path less expensive than doing the right thing. Unbelievably, it was cheaper to do all of this than to step up and do the uncomfortable leadership thing of challenging the status quo and inflicting change.
Future leader speaker and author of the book Future Leader: Rebooting Leadership to Win the Millennial and Tech Future. Free stuff! Get the first five chapters of my new book, an executive summary, and the Future Leader Companion Workbook here.