In today’s ever-evolving workplace, one of the most expensive endeavors for an organization in human capital and pure dollars is the acquisition of top talent. Not only is it tough to find the right candidate, but lateral integration of a new knowledge worker team member can cost an organization $300,000 or more. Aside from the money spent on researching, reviewing, recruiting, and wooing the new talent, don’t forget to factor in the social impact.
If the person doesn’t integrate well into the company within the first 30-90 days, he will be looking for a new home. It may take him a few months or years, but he will find a match he likes. Gone are the days when an employee departing your company is completely disconnected and ostracized. Odds are, he is still meeting up with his former co-workers for happy hour on a regular basis and there is no bad blood between them.
This shift marks a major difference between the Gen X workplace relationships and those of their Boomer parents. As Xers take a non-traditional path up the ladder seeking the best fit, they will make alliances along the way. Instead of seeing this as a detriment or disloyalty, think about how their Network of colleagues can benefit you and your organization.