POSTED 26 Jun 2017 - 22:08

What can I do to prevent a rival from poaching my employees?

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Apart from terms in the employment contract (such as not working for a competitor for x months after quitting), what can a resources-strapped small business do to encourage employees to stay?
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Top Response

Lebon Tan

Hi, instead of worrying your competitors poaching your employees, why not engage your employee to find out how they feel in the company? What's the reason they are leaving for competitors? If there is more than one situation like this, then I strongly advise that you should evaluate internally....

Responses

Kim Pong, CEO StrengthsAsia
18 Sep 2017 - 11:16

You cannot do anything to prevent a rival from poaching your people. But you can do some things that help your people stay when they are being poached.

Here's 3 simple ideas:
1) Show Them Their Value: Help them see value in what they are doing in your company. Show them how their contributions are affecting and impacting your team and company.
2) Praise Them: In Asian companies, this action probably scores really low and yet, people loved to be acknowledged for the good work they do. Be intentional and deliberate when you praise your people. Don't be patronising or superficial. But attach your praise to a specific behaviour.
3) Create An Environment That Blossoms People: You can't really change the way people think, feel or behave. But you certainly can change the environment that can blossom them. What can you do specifically for a specific individual that would specifically help him/her do better?

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Lebon Tan
30 Aug 2017 - 00:50

Hi, instead of worrying your competitors poaching your employees, why not engage your employee to find out how they feel in the company? What's the reason they are leaving for competitors? If there is more than one situation like this, then I strongly advise that you should evaluate internally. Engage your HR if not external consultant to go through your company situation. There are various ways to retain employees, like implementing flexible work arrangements, more employee engagement, implementing compensation and benefits etc. There are various gov grants to help you with it. Stay positive! Cheers to a blessed week ahead!

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