Stories of dot-com downturns have resulted in a new source of hires for
companies still in business - waves of employees recently fired. And
while getting stock options these days has different meaning than it did
a year or so ago, it still is a great carrot to lure new hires. These
issues, along with many others, were discussed in the New York Industry
Software Association's HR and Employment SIG breakfast on Tuesday,
November 14. Held at Jackson Lewis Schnitzler & Krupman (JLSK) law
offices, Daniel P. Moynihan addressed the several dozen HR and other
interested professionals on the importance of having an employment
philosophy, setting standards for your firm and devising various creative
compensation packages. Various monetary, non-monetary, equity and
non-equity tactics were discussed. Legal issues that arose were handled
mostly by JLSK lawyer Penny Ann Lieberman. JLSK lawyer Philip Rosen and
Manchester SVP Linda Smith chatted with me before the presentation about
this SIG and its value.