How the Exiting Employee Can Affect Business Sustainability

Blog by Julie Urlaub, Founder and Managing Partner at Taiga Company
Nov 15, 2011 11:36 AM ET

Taiga Company blog by Julie Urlaub, Founder and Managing Partner at Taiga Compa…

To compete and differentiate itself in today’s multi-skilled economy, a company must have the right mix of talent.  These competencies can come at a considerable cost, especially in what many believe to be a turning point in the current job market.  Thus, the most obvious question becomes: Are efforts and resources better spent on talent acquisition or development?  An interesting topic, however our sustainability consulting reminds companies not to forget the other side equation: How are we treating our departing employees?   According to the first quarter Towers Watson survey, hiring freezes were lifting and we were entering a more competitive job market.  As a result, top business sustainability minded organizations began budgeting for pay hikes to retain top talent and entice movement over from the competition.  While this talent war has become fierce over the last six months, many organizations may now find themselves falling victim to the mismanagement of their exit programs.   The Inc.com article, How to Break Up with Employees, offers a unique perspective to the increasingly competitive job market.  Arguing that now more than ever departing employees should be treated with care and respect, entrepreneur Dave Balter examines the potential consequences of poorly handled exit management.  As the post suggests, we should stay connected because: click here to read how Exiting Employees can Affect Business Sustainability.   

Home to one third of the earth's trees, the Taiga is the largest land-based biosphere and encircles the globe. Its immense oxygen production literally changes the atmosphere and refreshes the planet. It is this continuous renewal that has shaped Taiga Company's vision to drive similar change in the business world. Taiga Company seeks to be the "oxygen for your business".