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Dos & Don'ts
"If a key employee quits, should I extend a counter offer in hopes they will stay?"
(Answer provided at the end of the newsletter.)
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Passive Candidates Are Active
According to a recent CareerBuilder survey, 74% of employees are either actively searching for a new job or open to a new opportunity. In January 2013, job sites saw a 24% increase in job search activity according to comScore, a web traffic measurement company. CEB's Quarterly Global Labor Market research identifies these top five reasons why your employees may look for a new job in 2013.
- Stability
- Compensation
- Respect
- Health Benefits
- Work-Life Balance
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6 Lessons for Leaders
Like most employers, you want your company to continually move forward. However, the resignation of a key employee could easily side track you. Here are several ideas to keep your employees on board.
- Turn core values into everyday behaviors.
- Align formal rules and they way they are carried out.
- Allow employees to brainstorm for business objectives.
- If you say it, be accountable and do it.
- Reward employees for reporting problems.
- Create safe ways for others to express concerns.
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Safari Interview Tip To make sure a candidate is not jockeying for a raise at his present employer, ask "If offered this job, what type of counter offer from your present employer might change your mind about leaving?
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Answer to Today's Dos & Don'ts
"If a key employee quits, should I extend a counter offer in hopes they will stay?"
Answer: An untimely departure may have you asking your employee to stay. However, the statistics are not in your favor. The National Business Employment Weekly reports that four out of five people who accept counter-offers are gone within the year.
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Stay current with
hiring trends.
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