SHRM Blog

Tips for Preventing High-Potential Poaching

 


 

Most of us have heard of the 80/20 Pareto Principle, which when applied to your workforce means that 80 percent of the responsibility and work are shouldered by only 20 percent of your employees. Those are today’s high performers.

And while statistics vary depending on the source, the pool of high-potential employees—traditionally identified as those who have the ability to perform at least two levels above their current role—is even smaller. 

In today’s incredibly tight labor market, keeping those high potentials in your organization is harder than ever. Many employers...

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21 Days Into My Job Search, 5 Key Lessons Learned

 

#1 Nothing happens overnight.

The night I publicly announced the news of my resignation a small part of me was expecting a Hollywood ending. Stomach-churning, I went to bed knowing there would be no sleep and foolishly fantasized about the emails that would be waiting for me the next morning:

Dear Pubali: See attached offer letter. We have wanted you for years.

Dear Pubali: See attached offer letter. Please come work for us!  

Dear Pubali: See attached offer letter. We have been waiting for you.

Like a kid at Christmas,...

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What is This New Hire Supposed to Do?

 


 

I’m only talking to leaders today.

We tend to fall into this rut. I have a position on my team. A person leaves. We need to fill that position.

Before you fill your next position, as yourself this one question:

How will this hire bring us closer to reaching our business objective? 

In fact, you might want to ask that question in the interview of the candidate. How are you going to move us closer to meeting our business goals and objectives, and of course, first tell them what those...

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State of the Union 2020 - the Super Bowl of Politics & its Impact on the Workplace

This year, the State of the Union will take place on February 4 at 9 p.m. EST. This date is significant for several reasons. It takes place one day after the Iowa caucuses, amid a presidential campaign, and likely in the aftermath of the impeachment trial in the U.S. Senate. While the address takes place during a whirlwind political climate, SHRM remains focused on policy, not politics, advocating for positive workplace solutions.

Plan on watching the SOTU? Join SHRM’s government affairs team and participate in our interactive SOTU Bingo and enter to win an Amazon.com gift card!

...

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Creating a Culture of Contribution by Asking for Help

 


 

In the workplace, asking for help can mean the difference between success and failure. This isn’t anecdotal—in fact, research has revealed a number of proven benefits, such as: 

  • Higher job performance and satisfaction.
  • New-hire success. 
  • Finding jobs—or talent for job openings. 
  • Creativity and innovation. 
  • Managing stress. 
  • The benefits of help-seeking accrue to teams and organizations through team performance, cost reduction, productivity, and profitability. 

Based on research, plus 25 years of business consulting and teaching experience, I’ve identified eight main reasons we don’t give ourselves permission to ask for the things...

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The Power Loom and Fairness

 

  
 

James Hargreaves was a creative weaver who worked in Lancashire England in the mid 18th century. He is one of the people credited with the invention of the “spinning jenny”, which was a multi-spindle weaving machine, that lined up 8 wooden spindles at one end. With the advent of the steam engine at the start of the industrial revolution, the spinning jenny evolved into the power loom. The power loom had a tremendous impact on the workforce of the time. Spinners were put...

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Post Resignation, My New Normal Is Anything but Normal

 


 

This is the second in an essay series about making great, big, career leaps of faith without both fear and a safety net. In the first, I told personal stories of career pivots while sharing that people should not let fear limit their potential. I encouraged elective unemployment if the outcome meant living a better, richer, and fulfilled life.

I also took great care to discourage emotional decision making and shared that walking away from a paycheck is not a decision one should make lightly. Finally, I promised that...

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The Big Game

 

My colleague Nick recently posted on social media that he received a text from a former lacrosse teammate, and they spoke about their last game together. What he gleaned from that conversation is how much he misses going to battle on the lacrosse field every day with his team.

But then he had a revelation.

He still does go to battle with teammates each day, only in a different way—in a business setting.

Maybe you’ve played team sports—maybe you haven’t. Maybe you are a sports fan, or maybe you get together...

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