As unemployment falls, companies may be faced with actually trying to keep workers
By Judy Martin
updated 1/16/2012 12:09:41 PM ET
December’s employment numbers blew analysts expectations out of the water. Perhaps the news rustled the moat around the corporate kingdom’s C-Suite. (Ok, maybe just a ripple) We’re certainly not out of the waters of a struggling economy. But with unemployment falling for the fourth month in a row, talent retention concerns might make more of an appearance.
Most employees are glad to have a job these days. There’s this unwritten mandate that has reigned since the recession; corporate is king, companies are doing more with less and underlings just have to deal with it and eat porridge. But if the C-Suite ignores improving economic data, might they be dethroned in a workers rebellion?
“I think 2012 is the year of the payback, meaning that all the slashing and burning of the workforce has severely wounded the ability to motivate employees,” says Irwin Kellner, Chief Economist for Marketwatch.com.
There is a lot more at the link, and it is something that I have been thinking myself. I have read that some companies are already coming back to the US because workers in China are demanding more money, fuel costs are high so shipping back to the US has also gone up, and I read that american workers are more productive it seems. If companies continue to shaft the workers so top management can take home "larger" paychecks and receive huge bonus's, they may find workers leaving for better jobs that are coming back to this country.
Corporate greed is a terrible thing, and it could very well bring down some of these greedy SOB's who don't are about the workers having to work longer hours for less money, no benefits, and to job security. The more companies that return to the US, the more likely workers "will" leave for better jobs. Those companies that don't start making changes now may regret it in the future.