http://naomisimson.com/2007/08/01/return-on-investing-in-people/ Founder & CEO of Leading Online Gift Retailer, RedBalloon Fri, 10 Feb 2012 01:52:11 +0000 hourly 1 http://naomisimson.com/2007/08/01/return-on-investing-in-people/comment-page-1/#comment-253 Zane Thu, 20 Sep 2007 00:53:14 +0000 http://naomisimson.com/index.cfm/2007/8/1/Return-on-Investing-in-People#comment-253 Great post, great solution. Thanks. Great post, great solution. Thanks.

]]> http://naomisimson.com/2007/08/01/return-on-investing-in-people/comment-page-1/#comment-265 shaun houlahan Sun, 05 Aug 2007 12:07:01 +0000 http://naomisimson.com/index.cfm/2007/8/1/Return-on-Investing-in-People#comment-265 Hi Naomi, this is the first time I have ever read one of your posts and found myself disagreeing. I understand your annoyance at your employees leaving after training. My own organisation has a similar problem but on a much larger scale. I recommend you resist the temptation to have your people sign a bond. In our company it has lead to feelings of resentment. It seems to me you will retain far more excellent employees with your attitude to their development than you will lose and the positive environment you have created will make Red Balloon more successful in the long run, even if you can't immediately see the bottom line benefits. I am reminded of an anecdote I once read where 2 managers are discussing staff retention and training. Manager 1"imagine if we train all these people and they leave" Manager 2 " yes, but imagine if we don't train them and they stay!!" Hi Naomi, this is the first time I have ever read one of your posts and found myself disagreeing. I understand your annoyance at your employees leaving after training. My own organisation has a similar problem but on a much larger scale.
I recommend you resist the temptation to have your people sign a bond. In our company it has lead to feelings of resentment. It seems to me you will retain far more excellent employees with your attitude to their development than you will lose and the positive environment you have created will make Red Balloon more successful in the long run, even if you can’t immediately see the bottom line benefits. I am reminded of an anecdote I once read where 2 managers are discussing staff retention and training.
Manager 1"imagine if we train all these people and they leave"
Manager 2 " yes, but imagine if we don’t train them and they stay!!"

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