In the cutthroat high-tech recruiting environment, companies need strong retention programs to keep employees from walking out the door. One of the most common mistakes is expecting compensation--including cash bonuses and stock options--to play the role of an incentive. Compensation is essential, but it's not enough to recognize employees for outstanding efforts, whether they have closed a key deal or beaten their research deadlines. Employees need to be motivated and rewarded--not just ...

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