Thomas Chan, the Vice President of Advance Photonics Inc. (API) was disturbed when he was asked for a private meeting by Suzanne Chalmers, mavin of APIs top software engineers.
Chan had been through the routine in the first place when valued employees asked for private meetings which ended by announcing that they motiveed to start with reasons ranging from long hours, stressful deadline, to decompress or just to surpass time with their families again.
Chan had realized that the real reasons that the staffs were leaving is having too a lot money which gave them financial independence and therefore were able to demand where they want to work.
During the meeting, Chan tried to persuade Chalmers to remain with API by negotiating with her on:
- Giving her up to three months un pay departs with full paid benefits;
- Workplace improvements via latest computer technology or closure problems with co-workers;
- Moving her to larger workspace with better park view;
- 25 per cent pay increase and stock options; and
- Stating that Suzanna was one of APIs valued employees and the company would suffer if she left
Chalmers responded by saying she did non bind problems with her workplace or working in API. However, forward she left, promised Chan that she would considered the salary revision and the stock options.
Two days later, Chalmers tendered her scripted resignation from API. Five months later, Chan heard that she had joined a radical start up software firm within the playing area after several months of travelling with her husband.
SYMPTOMS
Chan should have realized that API was having publish with turnovers especially by high achievers because:
There had been instances before Chalmers that APIs valuable employees asked for a meeting and then announcing their intention to leave API.
The trend that people who left API will join a start-up company a few months later.
Many of API valued workers have financial independence making them less prone to...If you want to get a full essay, order it on our website: Orderessay
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