They had better. Although there's been no measurable bottom-line impact from the talent drain yet, some experts worry that too many members of the next generation of talent won't be around to lead large companies. They'll be off in the Valley instead. The fuel for the trend is simple. In the past, young execs could grow into their role.
Recruiters point to other firms that have been hit hard.
But even Kaye can find humor in the situation. His director of employment recently quit to join a dot-com. Kaye contacted a former employee who seemed eager to fill the post. He set up an interview, but she arrived with an apology. She'd just joined a start-up, too.