Numbers Don't Lie

Tuesday, January 03, 2006

Will you take flight for new career opportunities in 2006 ?

76% of employees are looking for new employment opportunities, according to the recent 2005 U.S. Job Recovery and Retention Survey released by the Society for Human Resource Management . Sixty-five percent of HR professionals indicated they were concerned about the voluntary resignations at their organizations. To prevent a mass exodus, almost half of the organizations surveyed are implementing special retention processes to keep their employees.
As far as I can remember, the percentage of employees looking for new jobs is always greater than 50% in any given time. There is probably a modest job growth in 2006; this means only small fraction of those 76% of employees can really get new jobs. Unless, which is very unlikely, everybody jump ships at the same times, like playing the music chair game.

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