Posted by: deltadallas | May 27, 2010

Look Who’s Cryin’ Now…

People are starting to MOVE. As the economy continues to rev up, employees are starting to feel comfortable enough to stick their toes in the job market water and think about their next career move.

Through 2008 and 2009 people were paralyzed. The job market was tight, and everyone did what they had to do to remain employed..period. Now however, the atmosphere is changing and people are feeling disenchanted by stagnating salaries, increased responsibility and perceived instability. This has caused a  lot of people to become disengaged from their current positions, and eventually leave. In fact this February, for the first time since  2008, more people left their jobs than were fired. (Bureau of Labor and Statistics)

Many employers were forced to let go of low/average performers during the last recession and kept only key players in their organizations. They kept the people that they couldn’t live without. In this environment, though, they are in danger of losing them. Employers that truly value their key players should be proactive. Open, honest conversations with the people who weathered the recession with your organization can help them to feel valued. Even if you can’t offer them a pay raise right away, let your valued employees know that you appreciate their contributions to your organization. Offer non-monetary rewards when applicable…like comp days, additional flex hours, or even one Friday a month off. Companies would be wiser to care for their top-tier performers now rather than having to make a counter-offer later.

Tabitha Woods is Marketing Coordinator for Delta Dallas. Reach her at 972-788-2300 or twoods@deltadallas.com.

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