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A comment on How much does employee turnover really cost?. Parent comment

Re:How much does employee turnover really cost? by henrik_w on Tuesday January 17, 2017 @01:54PM (#13420032)
"By the time it gets to a counter-offer stage, it's often too late." - so true!

Also made me think of the Netflix HR/culture document [1] - pay the max you would be counter-offering for an employee right off the bat, don't wait unitl you actually have to give a counter offer (which would probably be too late anyway)

[1] http://www.slideshare.net/reed2001/culture-1798664

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Re:How much does employee turnover really cost? by JamesBarney on Tuesday January 17, 2017 @03:48PM (#13421038)
This is the best candidate ad I've ever seen. This makes me really want to work at Netflix.
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Re:How much does employee turnover really cost? by softawre on Tuesday January 17, 2017 @04:59PM (#13421784)
Same with their presentations at conferences. They hire really good people, pay them a ton (300k+), and fire them when they stop performing.

It's a good way to get great people, if you can afford it.

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Re:How much does employee turnover really cost? by flukus on Tuesday January 17, 2017 @05:42PM (#13422182)
That gets into a murky definition of "performing" though. Performance is often limited by other people, many of which may be long gone. It can also create a culture of people unwilling to admit mistakes. It doesn't take long for these behaviours to produce massive amounts of technical debt.

The policy doesn't seem to be working for their UI team either.

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Re:How much does employee turnover really cost? by Obi_Juan_Kenobi on Tuesday January 17, 2017 @06:04PM (#13422349)
No system is going to be perfect, but I think it's worth something that they're at least trying to do reasonable things.

The real question is how many times do people fall into that tricky edge case vs. how often is there a fairly clearly case for a termination?

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Re:How much does employee turnover really cost? by thomasrognon on Tuesday January 17, 2017 @04:59PM (#13421781)
Wow, same here. I relate to every point, which has never happened with any "culture and values" brief before.
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Re:How much does employee turnover really cost? by rennir on Tuesday January 17, 2017 @04:22PM (#13421337)
Yeah I just read their HR document yesterday and I really like how the company culture is described on paper.
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Re:How much does employee turnover really cost? by startupsco on Tuesday January 17, 2017 @04:34PM (#13421479)
It does seem cool, but for some reason, I feel like the tone is Big Brother-esque. "Imagine if..."
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