Retention In A Slow Economy
A statistic from the Career News newsletter (sorry, no link):
One in four U.S. workers is resolving to get a new job this year. The survey found that 26 percent of employed Americans said they will look for a new job in 2008.
I thought that number seemed somewhat low - I was expecting a number closer to 33%. Retention will always be a top priority for sales managers, but it may be that the slowing economy will cause more workers to stay in their current positions this year.
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My sense from talking to different experts is that there’s a “hunker down” mentality for many people, who are putting in lots of extra hours and efforts with current jobs because the job market is so tight right now. Perhaps that doesn’t leave them any energy to search for that next big opportunity?
Anita Bruzzese
http://www.45things.com
Anita - thanks for the comment. Interesting thesis about candidates being hunkered down right now. I suspect you are correct - employees are solidifying their current position as their top priority instead of job hunting.