Should You Poach Employees from Your Competitors? скачать в хорошем качестве

Should You Poach Employees from Your Competitors?

Create your academy for new employee training and save up to 60% time on each new hire. Open https://academyocean.com/ https://academyocean.com/-... Video Highlights: 00:58 According to an ethics study co-authored by a Vanderbilt graduate business school professor, poaching employees is indeed ethical–when it’s done correctly. The report contemplates that hiring from rivals is actually good, because it encourages competition in the marketplace. 01:16 The study authors note that there are several ethical issues surrounding poaching that must be addressed. First, know that poaching from your rivals may cause ill will; remember, your competitors have lost an employee and the investment they’ve made in that individual. 01:54 As a business owner or manager, what does this mean for you in practical fact? First, avoid attempting to hire anyone with a non-compete agreement, which helps employers ensure that confidential information remains protected and that former employees don’t use that knowledge to the benefit of another employer. 02:26 Recognize that when you’re luring an employee from a competitor, the balance of power between you and the candidate has shifted. A recent article in U.S. News & World Report reminds managers that they may need to be more flexible in terms of their timing when hiring from the competition–and that dynamic extends to other areas. 03:07 Be judicious. Don’t poach regularly, and to the best of your ability, don’t target the same competitor over and over. Your reputation in the marketplace is important, and routinely stealing employees will reflect poorly upon you in the long run.