Monday, July 18, 2016

Top 10 reasons How relieving letter puts an end to talent poaching

How relieving letter puts an end to talent poaching

The candidate that you are eyeing in your competitor firm seems to be the best fit for your company. You have made up your mind to somehow bring this candidate in as the candidate is just the way you hoped. You do all the necessary background checks, reference searches and other checks.

You talk with the candidate seriously and offer the job. You need to convince the candidate about the job, after all why would that person shift to a rival company?

Through your conversation you also want to find out if the candidate has signed any non-competitive agreement with their present employer. If they have such legal process in place it is difficult for the candidate to jump to a similar pasture but not having signed a legal agreement is one sure way for talent poachers to swing into swift action.

How does a relieving letter have any stand in such situations?

 How does it connect itself with talent poaching?

Relieving letters are becoming extremely important to put a check on talent poaching. With several big corporate offering competitive perks and benefits, it is not hard to lure a candidate and poach them from their current organization.

Several IT companies and leaders like Infosys, Wipro have agreed to bring in and amend the compulsory usage of relieving letters. Yes, a candidate can join another organization by quitting with their previous employer and after they get their relieving letter. This is to put a check on the common practice of IT technicians and professionals to desert jobs and leave without any notice.

Here are the top 10 reasons why a relieving letter puts an end to talent poaching.

1. A relieving letter is that official document or communication that completely assures the new employer that you are no longer associated with the previous employer.

2. Studies by recruitment agencies show that 92 per cent of the employees and managements across various domains take exit policies seriously. This means they will issue relieving letters with diligence for the candidate and the organization’s benefit.

3. Your relieving letter can also contain a short description of your soft skills or leadership skills. This depends entirely on the person issuing the relieving letter, whether to include such information. When included, your relieving letter not only says that you have quit your previous organization but also talks a little about yourself. This puts you in better light professionally.

4. Several top organizations do not proceed with a candidate’s employment despite being selected through interview process if the candidate does not possess a relieving letter.

5. Several candidates’ especially fresh graduates and junior professionals do not realise the importance of a relieving letter. A relieving letter stands as a pillar for walking without any problems into your next job.

6. Your relieving letter from the previous employer shows that you have cleared all the dues and have no work pending there.

7. A relieving letter helps your new employer to trust you fully and begin the work. Certain organizations pass on confidential information to their employees.

8. Relieving letter helps organizations to make sure that the employee who is going to resign is completely relieved from his duties and is not carrying any of the company’s data or internal property.

9. A relieving letter displays the professionalism exhibited by the company and the candidate. The format of the relieving letter and its issue is crucial for the new employer to understand the professional background of its new recruit.

10. A Relieving letter is important for a clean exit policy. Top companies in various sectors prefer candidates with a relieving letter along with other documents while entering their company.

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