Hi, Do u know what poaching is? I am throwing some light on the topic.... hope it is useful Regards Shiveta
From India, New Delhi
5From India, New Delhi
POACHING OR RAIDING
Poaching means employing a competent and experienced person already working with another reputed company which might be a rival in the industry.
A company can attract talent from another firm by offering attractive packages and other terms and conditions.
For instance, several executives of HMT left to join Titan Watches and several polits of Indian Airlines left to join private taxi operators.
There are several other examples where the firms have raided the rival firms to procure their key personnel to enhance their competitive advantage.
Whatever may be the means used to raid rival firms for potential candidates, it is often seen as an unethical practice and not openly talked about.
In fact, raiding has become a challenge for the human resource managers of modern organizations because poaching of a key executive by a rival firm will weaken the competitive strength of the firm.
Regards,
Paromita
From India, Bangalore
Poaching means employing a competent and experienced person already working with another reputed company which might be a rival in the industry.
A company can attract talent from another firm by offering attractive packages and other terms and conditions.
For instance, several executives of HMT left to join Titan Watches and several polits of Indian Airlines left to join private taxi operators.
There are several other examples where the firms have raided the rival firms to procure their key personnel to enhance their competitive advantage.
Whatever may be the means used to raid rival firms for potential candidates, it is often seen as an unethical practice and not openly talked about.
In fact, raiding has become a challenge for the human resource managers of modern organizations because poaching of a key executive by a rival firm will weaken the competitive strength of the firm.
Regards,
Paromita
From India, Bangalore
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Have U ever heard about LPG gas cylinder.doc
Make your voice heard - Save the Earth.zip
The Five Best B-School Profs You Never Heard Of.pdf