For decades, experts in talent management have emphasized the costs that are produced by turnover. It is usually said that depending upon the complexity of the job and the level of management, the cost of turnover can equal anywhere from one month's to several years' salary for a departing employee.
When it comes to attracting the Top Talent (especially in tech) location is everything, yet it is rarely given the spotlight it deserves. I'm going to explore the methods used to overcome the difficulties your location can pose on your talent attraction as well as how you can make your company and your city become the next talent hotspot.
Summertime reading recommendations are usually about escapism -- mysteries, thrillers, melodramas, romances -- meant to stand in for vacations from our everyday lives. But I'd like to add a different sort of book to your summer reading queue. While it's not escapism, it is about a departure from our everyday work lives. I'm talking about The Alliance: Managing Talent in the Networked Age by Reid Hoffman, Ben Casnocha and Chris Yeh, which just came out today. The Alliance shows how the workplace has changed in recent decades, and how these changes have broken down the trust in the relationship between employers and employees, to everyone's detriment. And then it shows a way forward so that all benefit.