When talent leaves your business for a competitor, it’s like a fumble on the football field—it hurts you twice. First, you lose that person’s contributions to your business; second, your competition gains them. Overnight, you get weaker and they get stronger.
Considering all the work it takes for you to hire top talent, you need to make talent takeaways less likely by paying attention to both offense and defense.
On offense—Keep ‘em happy.
You already know plenty about keeping your talent happy—you couldn’t have made it this far in business if you didn’t! But one of these small suggestions could make a big difference:
On defense—Lawyer up.
No defense in football can stop every move by the opponent—but by sticking with fundamentals, they can prevent the disastrous big play.
Your defense against competitors stealing your talent should be designed with the same strategy. You can’t prevent it from ever happening, but you can make sure it isn’t catastrophic when it does.
And like it or not, it all starts with legal contracts.
The good news is, you can download and customize generic contracts at little or no cost. But you’d be well advised to consult with a lawyer before anyone signs anything.
On special teams—Call your staffing agency.
A top staffing agency like WunderLand doesn’t just find you people who can do the job well. We find you people who are a great fit for your company and your culture—people who are less likely to be lured away by a competitor.
Because the best offense and defense against competitors stealing your talent is hiring the right people in the first place!