27. Five Questions Every Employer Should Be Asking with Mike Abrashoff

You may earn a decent salary, but does compensation equal job satisfaction? For most people, that answer is no. It’s hard to love what you do if there’s no passion behind your work. As Former Commander of the USS Benfold and Bestselling Author of It’s Your Ship, Mike Abrashoff shares in our podcast, job enrichment comes from far more than money. It’s not even at the top of the list for most employees. Job enrichment and employee retention are what go hand in hand. Without the first, the latter will be losing battle — a battle this former Commander took into his own hands and won when he took command of the near-worst performing ship for the US Navy. Twelve months later, the USS Benfold was the best ship in the entire Navy — using the same crew. His story of that ship’s stunning transformation has lessons for every organization: leadership matters and culture is everything. Research and studies have shown that people are truly motivated when they’re enabled and allowed to satisfy actual motivators — achievement, advancement, development — which deliver a far more profound feeling of meaning and fulfillment than money ever could. Listen in to hear the five essential questions every employer should be asking their employees.