Warren Buffett Says This Is What Will Stop Your Employees from Quitting

In November of last year, 4.5 million American workers looked for other job opportunities, the highest number of quits on record for a single month.

The Great Resignation has led to the Great Reset. Senior leaders and HR chiefs of corporations are rethinking employee retention and engagement strategies to stop the turnover bleeding.

Warren Buffet has preached a solution for decades. He spoke to the business students at the University of Florida.

I want you to work in jobs you enjoy. If you keep taking jobs that you don't like because you think it will look good on your resume, you're out of your mind.

Good advice, but a job candidate can't just say in a job interview, "I want a job that I love."
One of the questions leaders have to figure out is how to create work environments where people do what they love and which results in good business outcomes. It's a problem that needs to be addressed and it needs to be addressed now.

This generation of workers has a different set of expectations and you need to acknowledge that to put Buffett's advice into your local business context. A new set of rules must be followed by leaders. Here's a plan to help your employees love their jobs.

The future of work is driven by purpose. It's owning what you do, whether you work for yourself or with others to build something of value, in a spirit of community and entrepreneurship.
The best places to work are places where people love coming to work because the culture is positive and uplifting. When leaders and co-workers share the same values, ethical behaviors, beliefs, and norms in a safe environment, every individual contributor is uniquely positioned to give and receive love. A high-performing company will attract other people who love what they do.

The immediate manager in the trenches is there to push for work to get done and enforce rules. They can't lead better because they don't have the freedom and decision-making authority to focus on the human aspect of the work.

Managers can reach innovative solutions faster when they start listening to their employees' needs and concerns and focusing on their ideas.

How many times have I heard a manager tell me that they can't accommodate an employee's request because it's policy? Senior leaders must give middle managers the freedom to make their own decisions about how to best meet the needs of their employees, whether that is shifting the employee's job role so they work from their sweet spot, or tailoring schedules and policies to fit the unique.

People with integrity and character can be trusted at any level of leadership, which makes it fun and a place where love flows. It is very attractive to other people because of the character of the person who brings them to the business.

Employees who love what they do make them more motivated to put in more time to get work done, not feel obligated to do it.
"I love every day," said Buffett. I like working with people that I like, and I tap dance here. I count myself lucky to be where I am, because there is no job in the world that is more fun than running Berkshire.