Reply to Read that 40% of executives hired from the outside are gone within 18 months

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]That seems like a huge percentage. If these people are so vetted (multiple interviews, references, known in the industry), why is it like this?[/quote]

People this driven are motivated by things a company isn’t offering. Fast increases in compensation. They leave while everyone still loves them. Rinse. Repeat. In all honesty they are the worst and don’t care anything about the company.

Companies should focus on raising and promoting their own children and not taking in these passersby. [/quote]

Yeah, agreed here - our VPs or SVPs are typically gone within two years. Big pay, huge bonuses, and they know they won't hit numbers, but also are totally sure they'll land another gig that pays even more within 24 months. This is also why lots of people stop at director/senior director/executive director level and just make more money each year without the responsibility of a VP or above. [/quote]

Or they hit their numbers and goals through unsustainable short term tactics and then leave before it catches up to them. [/quote]

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