How is top talent dealing with the current financial crisis onslaught? In a word -- badly.
A new study published this week by the Center for Work Life Policy details a sobering picture.
A new study published this week by the Center for Work Life Policy details a sobering picture.
Loyalty and trust are at an all-time low:
the number of employees who feel loyal to their company has fallen 42% over the last year, while the number who trust their company is down 41%.
the number of employees who feel loyal to their company has fallen 42% over the last year, while the number who trust their company is down 41%.
Top female talent is particularly skittish.
Eighty-four percent of women in this study are considering leaving - compared to 40% of men.
The voices in this study are powerful. A male investment banker (who has lost 80% of his net worth in the last year) tells of bad dreams and grinding his teeth so badly he recently cracked two molars. A woman trader talks about being "almost glad" of a recent diagnosis of breast cancer. In her words "it's only stage one and it sure puts the crazy stress around losing my job into perspective."
Source: http://discussionleader.hbsp.com/hewlett/2008/09/in_finance_embattled_top_perfo.html
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