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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (3443)9/26/2019 10:44:14 AM
From: Elroy Jetson  Respond to of 13794
 
Just because the head of a department switches firms, doesn't mean his former employer wants to lose all of their best people in that department. But the former employee certainly knows which colleagues they value and would like to join them.

Many countries and states prohibit successful executives who change employers from "certain behavior or contact with former colleagues: to entice them to join them at their new employer. In every country it's a game with rules.

In Silicon Valley firms often hire detectives to monitor the contact former employees have with their remaining employees and file lawsuits if the former employee breaks the rules in California.

Another problem area are the former clients you know. You're generally prohibited from contacting former clients unless they contact you first - and the rules vary. This is why new employers make splashy announcements and buy advertisements so former clients know how to get in touch with their former valued banker / engineer / consultant.
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People who have been caught laundering money, embezzling money, and losing huge quantities of money are always suicide risks - especially in Northern European nations where there's a huge amount of social shame and ostracism associated with failure and criminal behavior. But that's quite a different matter to getting a better offer from a competing firm - that's winning.