Samantha Bishop-Strand joined Jane's groupNeed a clear sign the economy has officially turned the corner into economic recovery? More people are now quitting their jobs than being fired or laid off for the first time since 2008.
“Resignations generally outnumber layoffs in a healthy economy,” according to John Wohlford, an economist with the Bureau of Labor Statistics. “During recessions, people are hesitant to quit because jobs are scarce.”
And as the economy recovers, companies with hiring freezes are beginning to…
ContinuePosted on March 31, 2011 at 12:27pm
Voluntary employee turnover was low as America waited through the storm of “The Great Recession.” After surviving layoffs and news of record levels of unemployment, employees were thankful to have any job. But as the country emerges from the recession, the workforce may be facing a tidal wave of employee turnover.
According to independent business research company, the Conference Board, job satisfaction levels among American workers is at the lowest level in twenty years.
Even…
ContinuePosted on March 31, 2011 at 12:26pm
In his book, Overcoming the Five Dysfunctions of a Team, management consultant Patrick Lencioni said: “When people come together and set aside their individual needs for the good of the whole, they can accomplish what might have looked impossible on paper.”
The dysfunctions Lencioni outlines in his book can plague even the best companies. Building a successful team can be a challenge but the benefits are undeniable.
For example, a report from the Institute of…
ContinuePosted on March 31, 2011 at 12:24pm
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