“The
threat of pink slips has prompted plenty of people to work scared and to give
everything to their jobs. Overtime isn't that uncommon anymore. Nearly 40
percent of all workers spend at least 50 hours on the job per week,” according
to Leslie Haggin Geary. During the
economic downturn thousands of employees were laid-off. Their remaining colleagues were forced to
add-on to their responsibilities. Now
that indicators point to improvement in the economy, employees are evaluating
their career options. They may not be
apt to remain with a company that have cut their benefits and froze their wages
while increasing their work hours.
Though employers can easily find replacements for these workers, the
failure to change the nature of job roles can lead to high rates of voluntary
turnover. This will cost your
organization dearly. Recognizing and
rewarding the sacrifices that employees make to compensate for the work that
was done by others, before the company downsized, goes a long way in your quest
to retain productive employees.
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