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Promote from Within or Hire External Superstars?

Promote from Within or Hire External Superstars?

FromHR Trends with Game Changers, Presented by SAP


Promote from Within or Hire External Superstars?

FromHR Trends with Game Changers, Presented by SAP

ratings:
Length:
57 minutes
Released:
Nov 24, 2014
Format:
Podcast episode

Description

The buzz: Build or buy? Does your company prefer to invest in a current employee’s training to promote them up the ladder, or bypass them for a more experienced, already trained outside superstar? Wharton’s Matthew Bidwell found that external hires are paid 18% more on average, but receive significantly lower performance reviews their first two years and are more likely to get laid off or fired than internal promoted staff. What’s up with this? The experts speak. Dr. Katherine Jones, Bersin by Deloitte: “Success is a lousy teacher. It seduces smart people into thinking they can't lose.” (Bill Gates). Raluca Druta, TEC: “But I loved Narcissus because, as he lay on my banks and looked down at me, in the mirror of his eyes I saw ever my own beauty mirrored.” (Oscar Wilde). Laura L. Stegall, SAP: “We lament the speed of our society and the lack of depth and the nature of disposable information.” (David Ogden Stiers). Join us for Promote from Within or Hire External Superstars?
Released:
Nov 24, 2014
Format:
Podcast episode

Titles in the series (39)

Game-changing technologies and strategies are transformational, exciting and disruptive for a reason. They shake up your status quo. They get you thinking about new ways to scale, compete and grow. They move you in amazing new directions. Join host Bonnie D. Graham as she invites you to take an additional coffee break with game-changers for our special series on today’s top HR trends, on HR Trends with Game Changers. Learn how you can become the savvy HR innovator who takes your company across the finish line as you look ahead to the next breakthrough human resources strategy.