Thursday, March 31, 2011

Workers eager to job hunt as morale plunges - USATODAY.com

Workers eager to job hunt as morale plunges - USATODAY.com
USA Today


Workers eager to job hunt as morale plunges



By Laura Petrecca, USA TODAY



3/29/2011 - Updated 2d 13h ago

Excerpts:


Morale fell — and stress levels skyrocketed — as cost-cutting employers froze wages, slashed bonuses and asked workers to assume the duties of laid-off colleagues during the downturn. Four in 10 employees say a heavy workload, unrealistic job expectations and long hours have created stress, reports a study by the American Psychological Association.


Fed-up workers are seeking greener professional pastures: Slightly more than one in three hope to find a new job in the next 12 months, according to the MetLife survey, conducted late last year.


That impending exodus could wallop employers who have to pay for recruiting and training replacements, as well as deal with lost productivity as they seek personnel. More than half of employers say they've had difficulty attracting employees with critical skills, according to a recent survey by employer consulting firm Towers Watson.

Resignations could fall if bosses take on low-cost actions such as offering career advancement advice and thanking deserving workers, says Kevin Sheridan, chief engagement officer at consultant HR Solutions.


******************************************************** http://dreamlearndobecome.blogspot.com This posting was made my Jim Jacobs, President & CEO of Jacobs Executive Advisors. Jim also serves as Leader of Jacobs Advisors' Insurance Practice.

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