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Are You Reaching Your Payoff At Work

by Bill Paxton

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I learn a lot from my clients. Take the other day for example. A senior executive was reflecting on a long and impressive career. Then he paused, leaned forward, and almost quietly said, “I got some really good career advice when I was young. An older friend told me to make sure I worked for a boss that would teach and mentor me, and that if I didn’t have such a boss, I should get one.” By following this advice, he changed jobs frequently, but is very satisfied now as he looks back over his accomplishments.

Not bad advice. It articulated what we all want: to grow and develop personally and professionally. There’s opportunity in following such advice. But as a manager, there’s even more opportunity if you choose to be that kind of mentoring boss for your direct reports.

That made me think of the Twelve Questions developed by the Gallup Organization. They surveyed a million people to determine what it is that talented employees need from their workplace. In the end Gallup developed twelve questions for managers and their employees to help ensure a positive, healthy work environment. They were published in First Break All the Rules, What the World’s Greatest Managers Do Differently by Buckingham and Coffman. Employees are asked to rate each statement on a scale of 1 to 5, where 1 means “I strongly disagree” and 5 means “I strongly agree.” Here they are:

1. I know what is expected of me at work. 2. I have the materials and equipment I need to do my work right. 3. At work, I have the opportunity to do what I do best every day. 4. In the last seven days, I have received recognition or praise for good work. 5. My supervisor, or someone at work, seems to care about me as a person. 6. There is someone at work who encourages my development. 7. At work, my opinions seem to count. 8. The mission/purpose of my company make me feel like my work is important. 9. My co-workers are committed to doing a good job. 10. I have a best friend at work. 11. In the last six months, I have talked with someone about my progress. 12. At work, I have had opportunities to learn and grow.

These are great questions! They’re almost perfect. Almost. I have a lot of respect for the work done by Gallup. However, they left out one question, and here it is: “How often do you reach your Payoff at work?”

In the end, this may be the most important question of all.

If you’re scratching your head over the definition of Payoff, you’re not alone. While the concept has been around for decades, it has mostly flown under the radar. But a manager who helps his or her employees reach their Payoff at work will reap the benefits of maximized performance and loyalty. Here’s why:

Everyone has a Payoff. All of our talents and motivations drive us consciously, unconsciously and continually to reach our Payoff. When we get there, it is incredibly satisfying. When we can’t, it’s frustrating.

We know we’ve reached our Payoff when we have that deep sense of accomplishment and satisfaction. There is a certain energizing lift that can only be experienced by reaching our Payoff. The experience is so compelling that we will endure hardships to reach it. (There is a wonderful true story on our website illustrating this. http://www.paxtonconsulting.com/employee_retention.htm )

The Payoff for some is to pioneer. For others it is to improve things. Some reach their Payoff by doing what others say is impossible. Each person has a Payoff, but the irony is that few can say what it is.

In the end, a person’s Payoff is what they are designed to do. When we do work that cooperates with our design, we flourish. When our work calls us to continually do what we are not designed to do, it is like using a ballpoint pen as a hammer. It works for awhile, but eventually the pen breaks.

Tens of thousands of people suffer from job-related, situational depression. The reason is because they cannot get to their Payoff at work. They experience a constant outflow of energy without a corresponding sense of satisfaction. To borrow a phrase from C.S. Lewis, “It’s always winter, but never Christmas.” Each day continues to drain them. We often call it burnout. The remedy is not time off, it’s getting into a job that allows them to reach their Payoff.

Every now and then you hear a story about a very talented executive, doctor, engineer, (you fill in the blank) who walks away from their career to do something entirely different. What’s that about? Often it’s about Payoff. Just because someone is good at something, doesn’t mean that they find it satisfying. I will be the first to trumpet the importance of talent, but talent needs direction from Payoff for the person to be fulfilled.

I’m often asked, “Is Payoff the same as passion?” The answer is No. Passions come and go, but a person’s Payoff is consistent throughout their life. I may be passionate about quality for a few years, and then become passionate about employee retention, but through it all my Payoff of wanting to improve things remains constant.

Do you know what your Payoff is? Do you know the Payoff of each person reporting to you? Answering these questions might be the most relevant thing you can do to promote a healthy, vibrant workplace.

 

Written by: Bill Paxton, Apple Valley, MN, USA
Bill@PaxtonConsulting.com
http://www.PaxtonConsulting.com

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