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The competition for top-quality talent has once again picked up. A lot of organizations are having challenges finding people to work with. This is the case across many different sectors. To help fill the talent gap, some companies are taking extra measures to engage passive candidates and poach them from their competition. Here we will talk about poaching and what you need to do in order to protect your company against employee poaching.
Employee poaching is the process of an organization targeting and recruiting employees from another company. Some question it as an unethical tactic. Whether you think it is ethical or not, people are going to try to poach your top employees.
You should care because you not only lose an employee. You lose them to a competitor, which can help strengthen their organization. Then you need to try to find a replacement in a very competitive marketplace. Rather than putting yourself in this position, a better approach is to focus on retaining your top people.
People don’t leave simply because they are being poached. They usually already have a desire to leave and getting recruited by another company is the opportunity to act. If you want to prevent poaching, you need to create a strong workplace environment. Here are some ways to make people want to stay:
Taking care of your people is invaluable. If you do right by them, you will have less reason to believe they could be poached by the competition.
IQ PARTNERS is an Executive Search & Recruitment firm supporting clients across the country. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Executive Search / Board & C-Suite, Technology, Media, Digital & Marketing, Accounting & Finance, Financial Services & Insurance, Cannabis, Startup, Data Science, Consumer, eCommerce & Retail, Operations & HR, Manufacturing, Supply Chain & Engineering, Legal & Professional Services, Pharmaceutical & Life Sciences, Non-Profit & Sustainability, and Sales. Click here to view current job openings and to register with us.
Jamie operates in the COO capacity at IQ PARTNERS, with two primary areas of responsibility; the first is overseeing the day to day operations of the business, and the second is helping set and execute on IQP's corporate growth strategy.