The last set of best and knowledgeable people are leaving this sinking boat.
I have never seen such high attrition for Europe region in last 15 years .
Good save this company
6 replies (most recent on top)
Its not the people leaving that you need to worry about, it’s the ones that chose to stay…
No different to what happens when you invest in people and then they leave. The alternative of not training or investing in them and those people staying is by far the worst option.
When was the last time anyone got some game changing training, enablement or coaching that might make a difference ?
When was the last time a new hire started and colleagues unanimously agreed that they were a great hire ?
When did the business win a new customer and manage to retain them ?
When did all those recommended improvements/optimizations/transformations actually see the light of day ?
When did Comp last reflect corporate strategy and performance ?
When did a long term, blue chip customer promise to invest strategically in product recently ?
Many more questions, no time left to buy ‘ANSWERS’
@1pmi+1cIkVFXx could not agree more. Demand is unprecedented - if you have the capability and the skills there are no limits to openings.
Data = $$$$
My advice (strong) - If you have 10+ years left and the skills - reach out to your peers who have gone onto better things. If you are <3 years left, stick it out, milk it and try and enjoy it - enjoy the sunset
People are leaving because they can and are being richly rewarded for doing so. It's the hottest job market I can recall for people with data management related skills. If you're not happy at Teradata, you will probably never have a better chance than now to jump to something better. Clinging to Teradata in the hope things will magically turn around is foolish when there are so many better opportunities out there.
The departure of the most knowledgeable also means fewer uncomfortable questions about the design of the next version, whatever that may end up being (as the newbies can't ask for things they didn't even know were possible), also less criticism about the direction of travel since they come from where we say we want to go. What's it not to like to the top management?
The short-sighted ELT does not care since this lowers cost, drives short-term operating income improvement, leading to stock price gains, and increasing their RSU value. They will walk away with nice gains while the ship sinks.
Examples?