Employees Jump Ship

Expect 2010 to be the year of musical chairs as employees begin to jump ship for better employment opportunities.  The aftermath of a recession is employee disengagement.  Unfortunately, your key players won’t tell you they are dissatisfied until they are walking out the door.  As well-performing companies start to cherry pick top talent, it begins a chain of employee turnover events that will affect many companies.

72% of employers restructured or laid off employees since the recession began in 2008.  The effect has been a significant drop in employee commitment and loyalty.  Engagement has dropped 23% among top performers.  And, more than 40% of top performing employees reported that pay and benefit cuts have had an adverse impact on work quality and customer service according to a Watson Wyatt survey.

One simple and cost effective way to keep your employees engaged is to offer professional development training. iLearningGlobal is an example of an excellent web-based training tool that offers employees ideas on marketing, sales, service, and business strategy all in a motivational fashion.  Take proactive steps today to foster improved employee engagement.