25-08-2012, 03:53 PM
(25-08-2012, 12:16 PM)FFNow Wrote:(25-08-2012, 10:15 AM)RBM Wrote: Reference yesterday's exchange of forummers views regarding Kingsmen and "economic moats". Personally speaking, I believe the critical issue for Kingsmen's continued success (i.e. its de facto moat) is to retain its key staff, and by that I mean not just its very highest paid help. Kingsmen's human capital and its demonstrable ability to pull various disparate aspects of the projects it undertakes together is what will continue to differentiate it from its competitors.
If we ever read about mass defections of Kingsmen staff, that is a time for those vested to become more than a tad worried. I recall that Kingsmen lost a PRC based exceutive and another senior individual some months back but I haven't heard of bunches of Kingsmen people moving on....... so far.
Just my two cents.
Vested
True that.
Kingsmen's human capital is essential to the company doing well. That is why Benedict believes in giving shares as rewards to outstanding employees who have delivered their targets set each year. This keeps them committed to the company. Overseas employees are given Kingsmen shares too and this keeps them committed to the company. Shares are taken from treasury shares.
Kingsmen also organises "makan" sessions in the HQ for designers and has cohesion activities as well.
seriously do you guys think shares/options keeps employees loyalty nowadays. if there is a better offer then your existing employer you quit and go. what more if you are a truly high flyer, the new employer will even match and pay whatever stock options you may have vested.exceptions of course if your company is a facebook.