Guarding against knowledge loss from a business as a result of headcount attrition and retirement. - Dudley Child Executive Recruitment

Thereby hangs a tail !!  Intellectual Property laws are intended to protect such matters, but unfortunately employers have had a tendency to push the barriers too far with restrictive clauses in Contracts of Employment. Fortunately, when seeking to enforce this, mediators are now ruling in favour of the individual, taking the view that the organisation is overstepping bounds by encroaching on a person’s right to earn a living.

In respect of upcoming retirement, the sound advice is to be generous with timescales when planning ahead. One minute it is way down the line, then suddenly you’re reminded when the “gold watch” collection comes around. Furthermore, allow for a fulsome handover period, thereby maximising knowledge transfer, and improved colleague/team buy-in.

In the event that you are facing such issues, please contact Dudley Child Executive Recruitment Ltd on 0113 246 8882 for an exploratory consultation.