Gallup Management Journal explores what it takes to get top quality employees in today's tight market and it turns out that a good manager is better than more money! "Job seekers are slightly more likely to say that a quality manager (56%) or quality management (55%) is extremely important when looking for a job than they are to say the same about compensation."

http://gmj.gallup.com/content/103114/Job-Seekers-Ask-Whos-Boss.aspx

I was persuaded to take a job once by someone who promised me he'd be, "the best boss I ever had." And he was (so far.)

Especially with the next generation of workers, who value relationships and their own development more than putting in the time for the paycheck, "nearly half of job seekers say the opportunity to learn and grow, the opportunity for advancement, and earning promotions based on merit are extremely important when looking for a job."

And feedback about performance is especially important to workers, especially the ones who have the most potential to excel at your company. People who like to know thy are doing well are the ones who put in the effort to actually do well. Gallup notes, "employees are more likely to be engaged in their jobs if someone at work encourages their development, if someone talks with them about their progress, and if they have had opportunities in the past year at work to learn and grow."

Finally, the sense of purpose and commitment that comes from working with others and contributing to a greater goal encourages workers, and therefore company, success. "Similarly, more than 4 in 10 job seekers say the quality of their coworkers and a great work team are extremely important when applying for a job."

So focus on promoting to management people who are good managers, who can tell what motivates others, who aren't afraid to give feedback -- both praise and guidance -- and who focus on the fairness of merit based rewards.