This month’s HR News and Views has a compilation of people practices worth adopting.
Here is the first one:
1. Support and Accountability for New Recruits at Trilogy Software
Trilogy Software Inc among the world’s largest privately held software companies pushes the responsibility of grooming new hires into the organization on their sponsors. As a result, if the new hires make the grade, the sponsors are paid a $1000 bonus. If the new hires fail, the sponsors are required to pay $4000. As most Sponsors hold stock options worth millions of dollars so the penalisation does not mean much to them. However, what happens is those who fail examine why their recruit failed and take steps to avoid those mistakes.
Source: From Noel Tichy?s Article, The Growth Imperative
You can read the remaining here
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