How Corporate America Can Win Back Employee Trust
May 13, 2010
By CAREEREALISM Founder, J.T. O'Donnell It's no surprise 55% of Americans are dissatisfied with their jobs. Recent events have taken the employee-employer relationship to the breaking point. Millions of people have been laid-off, giving them plenty of time to watch the news and see the corruption that contributed to their situation. The average length of unemployment is now 7+ months. Meanwhile, those who weren’t let go are dealing with survivor’s guilt and excessive workloads that makes them daydream of the moment when they'll sing, Take this Job and Shove It, to their employer. In short, in the not-so-distant future, employee relations and talent retention are going to become hot topics in HR departments and executive board meetings across the country. In these meetings, they'll ask:
- How do we keep our best talent from walking out the door?
- What will we do when all the Baby Boomers retire and we don't have seasoned staff to take over?
- What can we do to improve our corporate image as a good employer so we can attract the best talent?
- $12 million in savings for turnover related costs – 1st year.
- Direct result of the interaction of one-on-one internal career coaches via a technology platform.
- Helping the employee better navigate through the firm, allowing for improved career satisfaction and ultimately retaining valuable talent.