How to Get the Most From Your Top-Performing Employees Hiring great people is only half of the equation.
By Aytekin Tank Edited by Frances Dodds
Opinions expressed by Entrepreneur contributors are their own.
Every organization has its stars — the Michael Jordans or Megan Rapinoes, who shine with their leadership and perform at a higher level. The fact that they outperform their peers isn't a bad thing, either: These high achievers raise the bar for their colleagues and motivate them to do better. According to Harvard Business Review, studies have found that adding a star performer to a team can boost other team members' effectiveness by 5-15 percent.
More surprising is how much those stars contribute to an organization's overall output. It turns out that a very small proportion of a company is responsible for a large proportion of its results: the top 1 percent accounts for 10 percent of organizational output; the top 5 percent accounts for 25 percent of organizational output; and, the top 20 percent accounts for 80 percent of organizational output.
If this were your soccer team, you'd make sure those top scorers were taken care of — massages, ice baths, downtime — whatever coaches do to keep professional athletes happy. If we take the same approach when it comes to supporting our star employees, perhaps we could also see World Cup-level results.
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