If a company is bleeding top talent, it’s bleeding profit

Recently at a seminar on managing employee performance a participant asked me why people generally leave organisations. My answer was that employees resign for different reasons. But, what is of concern is when a company is bleeding top talent.

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Why performance appraisals often fail?

Plenty of managers and employees, and maybe some HR professionals, would go that extra mile to avoid the annual dreaded performance review.

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Making Sri Lanka a more attractive destination for FDI

Foreign Direct Investment (FDI) generally refers to long-term participation by one country in another country. It usually involves participation in a JV, capital transfer, transfer of technology and expertise.

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How to structure top executive pay, bonuses and options

Executive pay is the total pay or financial compensation an executive officer within a company receives. An executive would receive a basic salary, any and all bonuses, shares, options, and any other company benefit, in total is known as executive compensation.

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Why companies often make recruitment blunders

One of the conclusions at a recent management seminar was that many companies find the people they hire and sometimes promote are often misfits because recruiters do not know/have the skill to pick people who are talented, possessing the right combination of skills, attitudes, and enthusiasm to go out and win.

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Cutting costs without shedding jobs

Globally, pick any sector and you’ll find empty offices and barren cubicles: Be it financial services, health care, media, technology, retail. All of them have thrown hundreds upon hundreds out of the workforce in the last 24 months, which is why the unemployment rate was so high during the crisis.

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Good governance and board behaviour

Recently, the ICASL President, who is also a partner of an audit firm, said more than half of Sri Lanka’s listed companies are not complying with the 15-year-old governance code. This, according to him, is not as stringent when compared to global standards.

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