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by Mountain_Skies
2374 days ago
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You're correct but the difficulty is finding an alternative. Training employees who are then free to take their skills to another company that didn't bother with training gives that company the ability to lure workers away with higher salaries. There is a bit of tragedy of the commons in the skilled labor pool. |
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Q: What happens if we provide education and training to our employees and they leave?
A: Well, what happens if we don't, and they stay?
Growing a company's knowledge and skill base is an investment, not charity. Companies that don't do it reap exactly what they sow -- they're the same companies whose CEOs will otherwise loudly complain about how difficult it is to find skilled employees, especially at a senior level, and decry the terrible state of universities. As if everyone else just stumbles upon people with twenty years of experience in a particular niche on the street.
Yes, some people will leave. The smart thing to do is to convince as many of them to stay and to stay on good terms with those who leave. Keeping a loyal employee base whose knowledge and skills remain largely unchanged after joining the company doesn't provide any kind of meaningful growth.