A Great Rival Offer may be next

Employees are making moves. Managers will be left to deal with the aftermath. So what's the playbook when someone comes to you with a rival offer? Chances are, it might happen to you in the coming months. Just over a quarter of workers plan to look for a role with a different employer once the threat of the pandemic dissipates, according to a March survey of 2,000 workers by insurer Prudential. So, do you fight to keep them? If so, what might make them stay? The career experts I talked to said bosses should consider not just the direct value the employee brings to the team - say, their sales numbers - but also the less quantifiable waves of impact they have throughout the organization. Do others gravitate toward them? Is their career on an upward trajectory? Also, how will what you offer this employee impact the rest of their colleagues? Will they be resentful? Above all, remember that attrition isn't automatically a bad thing. It can be a chance to upgrade your team. And if you do it right, it can pay dividends down the line. “This is when relationships matter,” one CEO told me. “It is the long game, especially in a world where people don’t stay in their jobs for a lifetime." https://lnkd.in/eQ6UbkS

Businesses should take note of two simultaneous trends under way: too many bosses still don't trust people to work from home, and a great many workers -- more than a quarter, by one survey -- plan to change jobs. Let this be a wake up call. Employers, trust your workers to be equally or even more productive remotely. The data proves they are! Then they're much more likely to stay with the company. It's time to realize that "work" is something you achieve, not a place you go. My column for strategy+business: https://lnkd.in/dDSndZy

Now is the best time to #negotiate your salary. Leverage is slowly shifting to the employee as things are beginning to re-open and more opportunities are becoming available.? In fact, according to a recent survey by Prudential, more than a quarter of employees are planning on changing jobs.? The pandemic gave people an opportunity to reassess what’s most important to them. People are realizing work/life balance, flexibility, and remote work options are legitimate long-term options. What do you do if your current employer isn’t offering these options?? Before you choose to leave, you should choose to negotiate.? 3 Things To Know Before The Negotiation: ? 1. Know what’s important to you.? 2. Take stock of what’s important to the company.? 3. Create an offer that gives you what you want and gives them what they want.? 3 Powerful Questions To Ask During The Negotiation:? 1. What would it take to… 2. What flexibility do you have with… 3. How can we… #jobs #work #hr #humanresources #negotiation

As Metro areas are re-opening, business leaders have important decisions to make. When do I re-open HQ? What roles can continue virtual? Who needs to be in the office? How many days a week? Your employees are paying attention to every move you make. Be thoughtful, deliberate, and consistent. Your decisions could drain your talent and prolong your recovery, or accelerate your position in the marketplace!

An interesting read...as more people are vaccinated, and as more opportunities become available, many employers will face this situation. What are we all prepared to do when a high performing direct report comes to you with an offer?

It's a hot job market. How to weigh whether to counter? View the person in the context of the system: “There are some people who are the connective tissue of the organization,” Mr. Raman says. “They help other people be better.”