Risks When Recruiting From Your Competition

Have you ever considered using the rivalry to attract talent? This is a great tub, huh? They have the skills to do what you need, you know, and you may not need to give them a lot of training. But will it be ethical? And is it legal, even if it is? And if there is no non-compete in place to ensure that the process remains smooth, here are some things you should know.

What does a Non-Compete mean?

A non-compete is the one you’re going to come into, over and over again. Many employers make their workers sign these agreements indicating that after leaving their company, they can not work for a direct competitor for a certain time. Non-competence and unenforceability are seen by many people, but that is not the whole reality. There are ways of getting around it, such as enabling the employee to function on another part of the organization that does not compete directly. Before making this kind of job decision, always speak to a lawyer.

Hiring Passive applicants

There are a few forms in which you can recruit someone away from your competition. Passive applicants are those who are not currently pursuing new jobs but may be open to the right opportunity to leave their job. You need to be vigilant about stealing a competitor’s workers directly, so you don’t generate the bad will or give your business a bad name in the industry. There may be times, however, when someone has very unique abilities that will help your organization. Give them a good reason for having to go abroad.

Run across former employees

Another way you can come into your competition’s former workers is by those that were recently let go. For this, there may be a few explanations, and not all of them are evil. When someone from the other employer has been dismissed, dig deep to understand what happened in that relationship. If red flags do not exist, suggest recruiting them. Other workers can, through no fault of their own, be part of a layoff. For your business, they’ll be a great resource.

Diversify the experience they have

When you recruit a new employee from a rival, seek ways to enhance their career in order to motivate them to continue with your company. Keep in mind that if someone is willing to leave a job to come to work with you when a better offer comes along, they will be willing to leave your company. Provide the means for their knowledge to be diversified and invest in their personal growth.

Conclusion

Today, the team at Emonics LLC can assist, have the top talent you need pre-screened, request an employee today, or call us to discuss your needs.