Over 10 years ago, I led a team with a bold ethos: “If no other company wants you, why should you stay here?”
Sounds radical, but here’s how we made it empowering:
- Embraced continuous learning
- Offered generous Learning Budgets for personal development
- Conducted Stay Interviews to evolve together as individuals and as a company
- Ensured competitive salaries without waiting for employees to ask for a pay raise
- Promised to “recruit from the bottom and promote from within”
Our ultimate test? Each member had an objective to get external job offers annually.
Then, they could choose to stay because they valued our support. Most of us did while the company remained supportive.
This approach baffled HR, but the team was performing at a much higher level. So, they went along with it.
Would you dare to try this? What innovative practices have enabled your company’s success? Let’s share and inspire!