There is no statutory or moral requirement upon an employer to provide a reference for a former employee. The exceptions are where the former employer has expressly agreed with the employee that a reference will be given as part of their negotiated exit conditions. Sometimes also there can be an implied contractual term that a reference will be given. The principles also apply where the manager is receiving a reference.
The issue is not if a four-day week would be beneficial to the nation and to its people. That argument’s been made and there are plenty of examples of how well it works. The issue is that our firms are incapable of reducing the working week because shareholders aren’t in it for the long term. And our employees aren’t prepared to earn less or invest in themselves either. It's impasse - but here's an action plan.
Some owners think of selling ahead of time and set dates and plans. Some get to a point where they’ve had enough. Others unexpectedly realise that the firm has huge value and decide to cash in while they can. And when owners elect to sell, everything happens quickly – and often without thought for the employees. This blog highlights actions to secure enterprise and asset value when selling a firm or its assets.
There are four primary instruments that should be used to conduct a robust selection process during recruitment - the aptitude test, the personality profile, work sample tests and a structured interview. This blog focuses on the personality profile, which is one tool in a suite of psychometric tests.
Machiavelli talks captivatingly about mercenaries: as soldiers paid a stipend, they lack loyalty. He argues that the prince's own army progresses better. Arguments in favour of your own employees over those contracting for you transport well through time. Contractors enter an economic contract. Employees engage emotionally, commit for the long term and will add value.
Intuitively we know that knowledge in a firm is good. In the East, those with knowledge are revered. But why is it that knowledge has value, and specifically, why is it that knowledge in a firm is useful to that firm? Something also tells us that knowledge for its own sake is of little value. It needs to be applied, to become competence, to realise its true value. This brief ‘intuitive’ look starts the process of building a framework for knowledge and its conversion to competence.