The company leadership needs to assess whether the benefits of recruiting from the competition is worth the potential downside. For example, if recruiting a key sales person or key technologist/scientist from the competition would potentially be a huge windfall for your company, then it is worth the potential legal battle and higher level of compensation that would come with hiring this person.
- Use an Third Party Executive Search firm
- Be Careful What Information that Your Interviewers Share
- Carefully Review The Candidate’s Non-Compete Agreement
- Be Prepare to Compensate Stars from the Competition Well