But finding the right employee doesn't guarantee they'll sign on the dotted line. Today's high-tech professionals are aware of their value and expect more than just a good salary. If a company is pre-IPO, stock options are a persuasive motivator. But with many e-commerce sites going bust, stocks aren't as hot as they once were, say six months ago. More and more, it's quality of life that employees are asking for.
Some businesses now offer flex time, telecommuting, and sports facilities or teams.
We've had to upgrade our compensation and benefits package to be competitive. Farley Stewart, CEO of Internet Products Inc., remembers offering employees a reward if they met a certain tight deadline. When they did, their request surprised even him. I think people are looking to integrate their lifestyle more with their jobs. They see work as an extension of their life, not a replacement for it.