Posts Tagged ‘Apparel Careers’

THINGS TO CONSIDER WHEN TURNING DOWN AN OFFER OF EMPLOYMENT

Tuesday, June 28th, 2011

Every industry segment gets smaller as you climb the ladder. For that very reason it is important that when you turn down an offer of employment, you do it in a fashion showing respect and a desire to keep in touch. You never know who might be your next boss and/or employer. So, no matter how upset you were with the offer or the scope of responsibilities, it is in your best interest to be respectful.

  1. Give the prospective employer a sincere reason why you are turning down the job offer. This must be done by phone not by voice message or e-mail.  If you cannot afford to make the move, be upfront about it. If your spouse and family are against the move, you need to be specific as the prospective employer will want to know why this came up so late in the process. If you feel the role is too limited in scope, you need to let them know it. If you feel the financial condition of the employer is too shaky, you need to tell them that you cannot take the risk.
  2. Thank them for giving you consideration and making an offer. Show gratitude.
  3. Follow up by keeping in touch. Build a bridge; don’t let the bridge built at the offer fall apart.

 In my years of human resources and executive recruiting, I have seen long-standing feuds between individuals which started over how an offer was declined. These feuds could have been avoided.

RETAINING YOUR TOP TALENT AS THE ECONOMY IMPROVES

Wednesday, June 22nd, 2011

RETAINING YOUR TOP TALENT AS THE ECONOMY IMPROVES

According to all the statistics I read, one in every three employees is desiring to change jobs when another opportunity comes along. Should every employer be concerned?

As the economy improves, executive search firms will be seeking the best talent for their clients. Top talent will be contacted and wooed with opportunities at other companies. This has been the way things work for the past fifty years and I expect it will continue for the next fifty years.

Just because 1/3 of executives are looking to move does not mean it should be of major concern. I feel the question each company should ask itself is … “who are the 1/3 willing to leave?”  If your key and high potential executives are willing to leave, you have a problem. It is time for you to evaluate your key executives to make sure their compensation is in-line with competition and that you have the benefits and stock options in place to keep these executives motivated and owners in the company. At the same time, you need to let them know the importance they play in the company and the future they should expect.

On the other hand, if the one-third willing to leave are not your top team members, maybe this is not a bad thing. If they leave, it will give you an opportunity to recruit and/or develop top talent. Turnover at the bottom performance level often allows new stars to develop and flourish.

Organizations which compensate key employees well, that lock them in with strong benefits and stock option programs, and that offer a bright future, seldom lose their best executives. Executive recruiters know that!