In the world of business, practically anything goes. Companies want employees that will benefit the business in the best way possible. Thus, when recruiting for new employees, approaching employees from competing companies within the same industry has become common practice. But is poaching ethical? Let’s discuss.
What is employee poaching?
Employee poaching is approaching an employee at a competing company and offering them a job. People do this because often times, the best employee already actively works in your industry. You benefit by getting an employee with favourable attributes and experience. But is it ethical? By virtue of poaching, you’re actively targeting a valued employee that, if they accept your job offer, could leave a big hole in their former company as they scramble to replace them. Furthermore, some people poach with the hope of receiving insider tips about their competitors to get an edge over them. The main concern for most companies boils down to fear that employees will divulge company information to their competitors. As a result, many companies have begun include non-compete clauses to work contracts to prevent workers from moving to competitors for a designated period after resigning.
However, these risks come with losing any employee. Any time an employee leaves, regardless of whether they were poached or organically found a new job, there will be a gap left behind that the company will have to fill. And that employee will always hold information about that company that they might divulge to other companies.
All poaching really does is test an employee’s loyalty to their company. If the employee is prepared to abandon ship, the first company might have to review their own policies to see why it was so easy for the employee to leave. Of course no one wants to see a valued employee leave, but it can sometimes be a good learning experience. To avoid losing employees to poaching, companies should focus on creating happy and inclusive work environments, competitive salaries and should offer both personal and career growth opportunities to employees. These are the main factors that encourage employees to stay at companies. Of course, fun work perks don’t hurt either.
What do you think about employee poaching? Let us know in the comments below!