About this episode
Attracting the right people in your company is vital for success. But what happens when you can’t offer as much financial incentive as the big players? What else can you offer to your future pilots? Is investing in their education worth it? In this episode, Dave Scheu talks about how to find talented pilots and lower turnover rates. The technology is moving fast. It’s almost a shame that I wasted this money on a piece of equipment that is obsolete in a year. -Craig Picken Takeaways + Tactics It’s more than pay. Added benefits, flexibility, and a company culture that values its pilots helps to keep turnover rates low. Pilots who seek continuing challenges won’t always be happy in the airline. They want companies who can deliver on their interests. Hire people who have a future plan, even if your company is not included in that plan. Invest in your people. Investment in their continuing education shows interest in their growth. For more aerospace industry news & commentary: http://northstaresg.com/ To learn more about Craig Picken and the NorthStar Group, visit http://northstaresg.com/ . In the beginning of the episode, we talked about talent acquisition and how important is to invest in the education of your pilots. We also touched on the technological changes and how much money is lost due to buying equipment that will be improved upon the next year. We also talked about: The potential of the supersonic business How automation impacts the skills of a pilot The importance of improved satellite communication It’s hard for flight departments to compete with the airlines on wages alone. But attracting the right people is not impossible… it just takes some thought and creativity.