Leadership responsibilities can include a lot of stress while also granting a lot of power. Such divergent pathways that link holding a leadership position with well-being may be mutually adversarial. Therefore, assessing the effect of leadership responsibilities on an individual’s health may ultimately involve evaluating the relative merits of the harmful and beneficial pathways. The increased job control that comes with holding a leadership position may improve one’s well-being, but the role’s heavy responsibilities may have the opposite impact on the individual.
The work of leadership requires the leader to achieve a balance between motivating and exceeding expectations on their performance. This is because everyone holds the leader up as an example to follow. Being a leader can be an exciting experience with many advantages, but it can also be physically and mentally taxing. As a leader, you are responsible for your team or company’s general success, inspiration, and drive. You receive constant criticism and are constantly in the spotlight.
Advantages of being a team leader:
Leaders often earn more money:
Candice Moses, founder of Information believes that “Team leaders frequently earn more money. The shift in remuneration may include a higher salary base, a switch from hourly pay to salary, bonus and incentive possibilities, and other perks, depending on your company’s definition of a team lead. The amount of money involved could have two effects. Positive outcomes from the appropriate team leader make the pay outlay worthwhile, whereas negative outcomes from an ineffective team leader make the salary expenditure an unjustified expense.”
Leaders are effective decision-makers:
Sam Willis, founder of Raincatcher claims that; “Leaders can manage and understand their team members, clients, or stakeholders. Leaders are excellent decision-makers who have a deep understanding of their workforce. Leaders make decisions quickly, easily comprehend risks and opportunities, and readily commit to achieving objectives. Effective decision-making is a crucial leadership talent that benefits the leader’s team, business, clients, and stakeholders.”
Leaders are well-versed in their respective departments:
Quality team leaders are frequently well-versed in their departments and at ease working with corporate tools like software. They are skilled at handling clients for the business, resolving conflicts, and completing tasks in a professional manner. In addition to directing their team toward success, effective team leaders also demonstrate to their team how to get there. Team leaders can teach their teammates how to attain and sustain quality by sharing their experiences. Businesses gain from increased production and higher quality as a result.
Team leaders are Autonomous and Flexible:
Max Hauer, founder of Goflow claims; “The departmental teams that rely on rapid assistance and solutions are team leaders. These individuals appear to be the management team’s representatives, screening information, resolving problems, and, when appropriate, sending information for review. Team leaders frequently have greater autonomy and flexibility in their roles to succeed. The team leaders’ greater independence enables them to assist their teammates as soon as they require it.”
Disadvantages of being a team leader:
The hiring of new leaders might cause unrest:
Elena Jones, owner, and finance expert from Financejar believes; “The department may get uneasy when new team leaders are introduced, especially if they are a surprise to the group. The team may feel a variety of emotions, ranging from genuine unhappiness and tension to joy and relaxation, depending on the circumstance. Don’t risk the surprise announcement because it is evident that disgruntled employees are generally less productive. Introduce the new posts well in advance of the hiring of the actual staff. To hire leaders who are experienced and well-versed in the company’s internal processes and operations, think about creating team leader positions from the inside. While it might be difficult and time-consuming to locate qualified candidates for your team leader jobs, the rewards from exceptional placements can often be immeasurable.”
Being a leader might intervene with your work/life balance:
Being the team leader means that you are constantly considering what has to be done next and are responsible for handling after-hours situations. The days of working nine to five, when you could finish up at work and go home to your family, are long gone. The success or failure of a team, however, is disproportionately influenced by the team’s leader. An overbearing or disorganized boss can make things difficult or dysfunctional for the employees they manage. An organization’s entire team could become unsuccessful if the leadership is ineffective.
It’s possible to enjoy the hiring process. If you’re a new manager, you can pick your team for the first time, identify people with crucial talents, and hire for cultural fit inside the firm. All of this sounds fantastic, but hiring can be difficult. You may receive 100 applications and still be unable to find one with the qualifications you desire, forcing you to make a compromise. Even if you ask all the appropriate interview questions to find the ideal candidate for the job, a good talker might fool you and you might hire someone who isn’t a good fit.