It's Okay To Hire From Competitors

by blogadmin 27. February 2019 02:03

  

Carol Helsel | Leadership In Action | February 27, 2019

Recruiting from a competitor or similar employer has several advantages. The position you're recruiting for calls for certain experience and knowledge and a person who already works in your industry likely has the attributes you're looking for. Your current employees may already know the candidate and can have a perspective on their fit with your organizational culture. The candidate may be known in your industry and have connections that are important in your company.

Although some may consider recruiting from competitors unethical, in reality what you're actually doing is prospecting candidates from a logical hiring source who may be looking for their next career move. If they're happy with their current job, they'll tell you and you can move on to other candidates. If they are ready to make a change, you may have an opportunity to hire someone who already understands your customers and your industry.

When hiring from competitors, there are a few things to be aware of. Employees may have signed a non-compete clause, which are legally-binding contracts that prevent employees form taking a position with a similar company for a certain period of time after resigning. Consult with legal counsel if you decide to proceed.

Legalese aside, you shouldn't strive to hire candidates strictly so they can tell you what your competitors are up to. You should ask them to join your team because you're impressed with their skillset and professional background and believe they'll be a talented addition to your team.

When you're looking to fill an opening, recruiting from competitors can be another strategy that might help you find your next great employee! 

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