Each month we’ve shared a little from each step in our 7 Step Guide to Recruiter-Proof Your Business. This month, for our final teaser: what to do if steps 1-6 have failed and one of your Rockstars does leave. Click here to download the guide now, or read on for a teaser from step seven.
Replace Departing Rockstars – Fast!
The Brutal Facts
- 80% of productivity is driven by 20% of employees.
- Trust in executives can have more than twice the impact on engagement levels than trust in immediate managers does.
- Top performers have influence over their coworkers & their departure shakes up morale.
When a respected leader in a company leaves, it is usually followed by an uneasy period where employees question why that person would leave, and whether they should start looking for an exit strategy themselves.
A classic example is Canadian law firm Heenan & Blaikie LLP. Once one of the top law firms in the country, it experienced a crack in confidence when one of its top leaders stepped down, and crumbled under the void. To prevent more top performers from leaving, smart companies have begun ‘virtual benching’ ahead of their need.
For more on virtual benching as the final step to recruiter-proofing your business, download the full guide, Recruiter-Proof Your Business: 7 Strategies to Retain Your Top Employees.
IQ PARTNERS is an Executive Search & Recruitment firm with offices in Toronto and Vancouver. We help companies hire better, hire less & retain more. We have specialist teams of recruiters in Financial Services & Insurance, Marketing Communications & Media, Emerging Tech & Telecom, Consumer Goods & Retail, B2B & Industrial, Technology, Accounting & Finance, HR & Operations and Mining & Engineering. IQ PARTNERS has its head office in Toronto and operates internationally via Aravati Global Search Network. Click here to view current job openings and to register with us.