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Hard for companies to prevent former star employees from competing
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Always appreciate your staff because companies can only flourish if they have talented and dedicated people to run it.
PHOTO: PEXELS
Firms are usually fearful when their star employees jump ship and use their knowledge to help rivals, but it’s a tricky threat to deal with, as one company in Singapore knows all too well.
The company’s revenue fell after the key staff member left to become a competitor, but it found that it is hard to blame the departing worker for causing such losses.
