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When it comes to lay offs of high performance employees during downturns, you simply cannot do it.
On the subject of how to maintain high performance employees Forbes published a phenomenal article a couple years back with some useful advice for executives.
For instance, variability in income is sometimes positively associated with performance, employees tend to prefer organizations that are characterized by many tiers of management, and employee participation in all key decisions can undermine efficiency.
Hence, his growth would fulfill QuikTrip's purpose: "provide an opportunity for employees to grow and succeed". But Cadieux was concerned that fast growth might compromise QuikTrip's operations that depended on high performance employees.
Interconnectedness: Peak performance employees are motivated by a sense of connection to their colleagues and customers.
"But only when that discussion is tied to performance". Employees should keep careful records of how their actions helped the bottom line of their company, or helped other team members improve the bottom line of the company, she suggests.
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The toughest part of High Performance Happy is dealing with the exit of a high performance employee.
But there's another factor that helped the company's superior performance: employee engagement and development, which helped the company execute its business strategy.
"Diverse business leadership and governance are correlated with stronger business performance, employee engagement, and innovation.
More serious benefits make high-performance employees' lives a little less stressful.
Meanwhile, high-performance employees are encouraged to take as much of the money off the table as possible and leave the shareholder holding the bag if things later turn out badly.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com