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You hired effective team members and ran a tight ship, so why should you be penalized? Don’t hand it out—and create bad incentives. Rewarding your employees with extra bonuses is a very tempting way to use excess budget. Consider the Talent Intelligence Platform from Eightfold. The post Use It Or Lose It!
For decades, talent-acquisition teams have been built around the idea that all talent must be found externally, over-optimizing tools and processes around the theory that the best hire is going to start as a stranger. The cost of hiring exceptional talent from the outside is far more than the cost of promoting from within.
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