Deloitte and Touche recently conducted a Fast 50 poll in Washington. The poll targeted CEOs in the fastest high-tech growth firms in the state. Their poll queried CEOs on their greatest concerns for the future. The results suggest that the five top concerns out of nine were employee issues. All were connected to attracting and retaining competent employees.
Competition is stiff, and the Internet only compounds the conundrum.
Business as usual will not cure this problem. We must look at new models that enable employees to compete with themselves, self-direct their compensation, and leave each day knowing their contribution is being fairly rewarded. Sue Mackey, of The Mackey Group, is a business consultant, columnist, and lecturer.