To Counter Offer or Not to Counter Offer? Part 2
In part one of this article, we considered the costs of recruiting, hiring, and training as well costs of a bad hire and the opportunity costs involved when a valued executive’s departure leaves the company in the lurch. Can you avoid this hassle and extra cost? Should you making him a counter offer and keeping the team intact, the projects on time, the sales meeting on track, the product launch as planned?
To Counter Offer or Not to Counter Offer?
Whether a prized executive has been actively looking for another opportunity, or unexpectedly recruited for a new position, should you make a counter offer to keep him or her? (more…)
“I Can’t Get No (da, da, da) Sa-tis-fac-tion!”
When Mick Jagger first sang that lyric in 1965, The Rolling Stones probably didn’t foresee it would become embedded in classic rock, let alone resonate with talent today, regardless of one’s generation. Whether you’re a boomer, Gen Y or in between, talent engagement today is near an all time low. Why is it that people are getting less satisfaction from their work? (more…)
Employee Engagement and the New Deal
Whether or not this is indeed a watershed moment as the 2010 Global Workforce Study (GWS) by Towers Watson posits, clearly Employee Engagement is of paramount importance to the success of your business.
Top companies recognize that employee engagement is a key force behind success. Employee engagement impacts every aspect of how satisfied the customers are, how smoothly suppliers are involved into the production of the company’s good or service, how efficiently tactical plans are carried out, how consciously quality and improvement are integrated into the company’s practices, and bottom-line: how profitably a company performs. Think of employee engagement as the equivalent of customer loyalty. (more…)