CareerBuilder.com comes out with an annual list of Most Unusual Excuses and this year’s list does not disappoint. Here it is from a press release (my personal favorites in bold): 1) Employee’s 12-year-old daughter stole his car and he had no other way to work. Employee didn’t want to report it to the police. 2) Employee said bats got in her hair. 3) Employee said a refrigerator fell on him. 4) Employee was in line at a coffee shop when a truck carrying flour backed up and dumped the flour into her convertible. 5) Employee said a deer bit him during hunting season. 6) Employee ate too much at a… Read More
Continue ReadingTake This Job And
shove it…apparently. The Herman Trend offers up some stats that may catch you by surprise (emphasis mine): It is interesting to note that in the United States more people quit their jobs in the last three months than those who lost their jobs. After 15 straight months of time in which layoffs exceeded voluntary departures, it appears that the job market is finally shifting. … In a related development, one-quarter of our business community’s most promising employees are increasingly disengaged and many are actively seeking new employment opportunities. A recent study on employee engagement, conducted by the Corporate Executive Board’s Corporate Leadership Council (CLC), found that 25 percent of the… Read More
Continue ReadingThe Key Word Is Hiring
You don’t have to look far to find disconcerting news about the present economy. This AP story from one of our local papers lays out numbers that paint a vivid picture (emphasis mine): There were nearly 6.4 unemployed workers, on average, for each available job at the end of November, according to Labor Department data released Tuesday. That’s up from 6.1 in October, and a record high. There were 1.7 jobless people for each opening in December 2007, when the recession began. Job openings fell sharply to 2.42 million in November from 2.57 million in October, according to the department’s Job Openings and Labor Turnover Survey. That may sound like… Read More
Continue ReadingRetention Horizon
Employment in this economy is a wonderful asset, to say the least. However, this abcnews.com story points to an impending problem – retention. Even Americans who are lucky enough to have work in this economy are becoming more unhappy with their jobs, according to a new survey that found only 45 percent of Americans are satisfied with their work. That was the lowest level ever recorded by the Conference Board research group in more than 22 years of studying the issue. The economy will eventually turn around though it appears it is going to be a slower process in comparison to historical recoveries. When it does turn and hiring picks… Read More
Continue ReadingTerms Of The Recession
Here is one from the weekly Herman Trend Alert of which I was not familiar: “corporate cocooning” – staying put out of fear A rather appropriate construction for today’s economy, wouldn’t you say? Here is the paragraph from which it is used: Due to “corporate cocooning” (staying put out of fear), the “unprecedented churning” of the labor market we have forecast in the past has not yet happened. Now, we again see a high level of expectation of job hopping. Wise employers will heed this warning and take steps now to engage their valued employees and avoid this unwanted turnover.
Continue ReadingImpending Movement
In sales there has always been career movement. Most successful salespeople have a “hunting” ability for closing deals. They also use this ability to close new deals for themselves in terms of a new job. I believe this approach is intensified in the younger generations – Gen X and Gen Y. This current economy is going to erode much of their loyalty as they watch companies shed employees. This downturn is far worse than that of 2001, but it is two career-altering downturns in less than 10 years. That has to have an effect on younger workers. Some of this movement can be seen in this article from Managesmarter.com: Even… Read More
Continue ReadingThe Key To Sales Retention
Listen, according to this Selling Power article: “One of the mistakes companies have made in the past is that they make decisions without real input from the people who are most affected by the hiring decisions,” says Opton. “Companies need to realize that they always have two sets of customers – internal and external. The minute that someone comes to work for them, that person becomes an internal customer to the organization. The organization needs to listen to what their needs are and act on those needs.” The article references a survey regarding executives’ wants, but it is representative of employees also. The interesting stat that always seems to come… Read More
Continue ReadingTop Reasons People Change Jobs
These lists seem to come out on a regular basis with different results. Yet, I’m a sucker for a list so I read them. The one consistent piece of information I read is that compensation is often overrated. People may say they changed jobs for a better compensation package, but usually it is some other factor driving them out of their current job. I’m not sure that holds up well in sales. The top reasons people have changed jobs: Downsizing or restructuring (54 percent); Sought new challenges or opportunities (30 percent); Ineffective leadership (25 percent); Poor relationship with manager (22 percent); To improve work/life balance (21 percent); Contributions to the… Read More
Continue ReadingOwning The Job
The principle of owning vs. renting is powerful especially when it comes to an employee’s job. Ownership of a job is a fickle thing. Yet, I have worked for managers who assigned responsibility and provided enough autonomy to allow me to excel in my role. The younger generations seem to relish this approach even more than my Gen X group. ManageSmarter.com offers up an article with a clear title – Padlocking the Revolving Door on Turnover. There are 4 good points to support the article’s title, but one stands out clearly: • Foster a sense of ownership within employees. The old encouragement to “act like you own it” is good… Read More
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