What’s one of the first things employees are likely to do once the economy starts rebounding?
They’ll be dusting off their resumes in hopes of finding a different position, according to new research from TopGrading Solutions, a leading executive search firm based in Florida.
Why? Respondents in TopGrading Solution’s new poll said that they want to change jobs because they have been mistreated by their employers during the recession.
“As companies have cut their staffs by 10-20%, many candidates feel they have been pushed to their limits; they’re being asked to put in more hours and take cuts in pay and benefits without any recognition for their efforts,” explains Jason Breault, who works at TopGrading Solutions and specializes in recruiting Supply Chain Planning and Procurement professionals within Consumer Goods companies.
Here are a few key findings from this intriguing –and even somewhat alarming –new survey:
- Less than one-quarter of those polled (22%) feel that they have been treated well by their employers and plan on staying in their current position a long time.
- 44% are contemplating leaving once the recession is over; 19% said they were definitely making a move.
- 34% in the survey have already been laid off.
- Of those that are currently employed, 67% reported that they will be looking for new opportunities once the economy picks up.
Breault cautions companies to be prepared for what TopGrading Solutions is calling a “mass exodus” of employees.
“For the past year, companies have been treating their employees as if they should be thankful they have a job. Those same employees have not wanted to leave their roles for fears of being the last-in, first-out somewhere else,” Breault says. “Over the past four weeks, we are starting to see the first signs of gainfully employed candidates actually taking action and changing jobs. This is important because they are leaving voids in critical roles which companies need to fill immediately.”