It is almost as if your current employer knows that you are being courted by one of the nation’s top executive recruiting firms.
In the last week, you had three unexpected things happen at your job, a place where you have been a project manager for the last six years. On Monday the Chief Technical Office called and left a message in your inbox, thanking you for all of the extra time and the trip you took to help close a deal in Spokane. The CTO indicated that even though this customer was far outside of the area that you typically support, you went out of your way to answer the customer’s questions, ultimately leading to the signing of a very large deal.
On Wednesday the quarterly reports were posted and you some how moved to the third spot on the list of the top performing project managers. This third place spot, if it holds for the next two months, would mean that you would, for the second time in a row, be invited to the President’s Club event next spring. You are a little puzzled because you know that your team’s sales numbers have been low, and you are wondering just how much impact that Spokane deal is having on your placement.
You ended the week with a Friday conversation with your office’s vice president and general manager. While you were talking you noticed that the plans for the new office space were hanging on the wall. Partially in jest, you asked if there was going to be a cube by a window for you in the new space, and you were caught off guard when he indicated that they were pretty sure that you would be in a private office at the new site.
It is almost as if the CTO, your boss, and the general manager all knew that one of the top executive recruiting firms had been in contact with you three times in the last month. Although this most recent week has included some perks and some accolades, these positives do not make up for the fact that this year your earnings will be slightly lower than your first 12 months with the company nearly six years ago.
Have You Been Contacted by a Job Placement Agency or One of the Top Executive Recruiting Firms?
If you have recently been contacted by an HR executive search consultant, you may understand the feeling of thinking that everyone knows that you are being recruited by someone else. And while you may love the company that you currently work for, if the economy from the last five years has had an impact has caused cutbacks or limited your earnings, you many really understand the temptation of talking to someone from another industry all together.
Hiring and keeping the best talent is a challenge for many companies, and unless you are looking at making sure that your best employees are properly compensated, you may lose the people who are the most important to your company.
Consider some of these facts and figures about the challenges of hiring and keeping the top employees in today’s competitive work force:
- 36% of 1,400 executives surveyed felt the top factor leading to a failed hire, aside from performance issues, is a poor skills match, according to a recent survey by Robert Half.
- The second most common reason, 30% of those same 1,400 executives surveyed indicated that the top factor leading to a failed hire was unclear performance objectives, according to the same Robert Half survey.
- 2.7 million workers voluntarily left their jobs at the end of June 2015. This percentage was a 25% increase compared to statistics from 2013.
- Gender-diverse companies are 15% more likely to outperform their peers and ethnically-diverse companies are 35% more likely to do the same, according to McKinsey?s research.
Where are you in your current career? Are you happy with your job or are you open to considering other positions? Companies that do not do everything they can to properly compensate their employees may find that they put themselves at risk of losing some of their best talent to the top executive recruiting firms in the country. Helpful info also found here. Helpful info also found here.