The Case for Letting Your Best People Go

A study finds a link between employees leaving for prestigious jobs and improved company status

 .. it is plausible such departures—and subsequent boost in prestige—could help companies attract new, junior talent at lower wages
.. nearly a dozen executives who had worked closely with Mr. Ellison at Oracle went on to become a chief executive, board chief or other high-ranking executive at another company—helping to seal Mr. Ellison’s reputation as a talent magnet.
.. More people are managing their careers as a series of steppingstones at different companies, Prof. Finkelstein said. “As a boss, are you going to accept that reality and do something about it, or are you going to fight it?” he said. “Those who fight it are going to have a more difficult time finding good people.”