In case you’ve missed it, a lot’s been written lately about the potential turnover organizations will face when the job market improves. Plenty of people who track employment trends believe that if the economy continues its slow but steady rebound and companies start hiring again, folks are going to start polishing their resumes and looking around. And that means managers could be at risk for losing some of their best and brightest at a time they’ll need them the most.
One of the experts sounding the alarm about this potential trend is Bob
Kelleher, CEO of The Employee Engagement Group. Even though most people have stayed put and, in many cases, just been happy to have a job during the recent recession, Kelleher predicts we’ll see a return to pre-recession turnover rates in the near future. In fact, he states we may even be looking at an increase in historical rates as “employees who might have changed jobs in better times, but who cooled their heels during the recession, prepare to jump ship.” He also suggests what he calls the “queued-up effect” may result in turnover as high as 25-50% in some organizations.
