Stuck in Your Job?
71% of 18-29 year olds say that they are likely to look for new jobs once the economy turns. Are you one of those prospective candidates who are in a job you dislike but unable or unwilling to take a chance on looking for a new opportunity? Or as an employer, should you be looking to the staff you have left and try to secure them in their positions for the future?
I found this article interesting and hope you do as well. It certainly does get you to think about the possibilities for the near future. With so many people hunkering down in their current position, even though they are not satisfied, what will happen when opportunities start to open up? Will the vast amounts of employees leaving positions for new opportunities hurt a rebounding economy or help it? Will the learning curve of new employees hurt your organization or will fresh ideas and energy only help?
Stuck in a crappy job – tough
With few new jobs openings, those who haven’t been laid off are staying put.
Abridged: www.cnnmoney.com; By: Jessica Dickler
The recession has left a lot of people out of a job, but many of those still employed aren’t very happy at the office. That’s because layoff survivors are often stuck with increased workloads, fewer benefits and even less pay. But they’re staying put — at least for now.
Fifty-four percent of employed Americans plan to look for a new job once the economy rebounds, according to a survey from Adecco Group North America.
The sentiment is even stronger among younger workers. Of those ages 18-29, 71% say they are likely to look for new jobs once the economy turns around, the survey said.
“In times of uncertainly people tend to hunker down and protect their turf, as a result of that they are staying in their current positions,” explained Gautam Godhwani, CEO of job search site Simply Hired.
Waiting on a rebound
Lois DiTommaso, 28, is frustrated with her current situation, even though she has remained fully employed as a trim assistant, responsible for details like buttons and zippers, at a well established fashion label over the last year and a half.
Layoffs at her office have left her with more responsibility, longer hours and no annual salary increase.
Despite growing dissatisfaction at work, “no one is going to quit,” she said of herself and her coworkers. “There’s nowhere for me to go, I need my job,” she explained.
“I can’t wait for the job market to improve,” DiTommaso said in anticipation of finding another position in her industry.
She is also realistic about the competitive pool of applicants she will face, including those with greater skills and experience willing to take a paycut and demotion. “Some of the people that got laid off are higher up and I’m not as competitive,” she admitted.
Laura Wheeler Todd, 35, has already started looking for a new job, with no success. She is an accountant at an adolescent rehabilitation center in Alabama, but layoffs at the facility have left her in charge of medical billing and insurance coding as well.
“I’m doing two people’s jobs right now,” she said, which means late nights and often taking work home. “If there was more stuff out there I would absolutely quit.”
Now, Todd says she is considering jobs outside her field as well — even waiting tables like she did in college — if it means a fresh start.
Disgruntled workers shouldn’t necessarily switch jobs the first chance they get, said Joanie Ruge, senior vice president of Adecco Group North America. Before jumping ship, Ruge recommends that workers approach their employers first. “If you’re feeling a little bit burnt out you should talk to your employer about flexibility or working from home,” she said.
As conditions improve, business owners may be willing to offer flexible work hours, telecommuting or other perks to hold on to their top talent.
In the meantime, “try to play chess when the world is handing you checkers,” suggests Rusty Rueff, career and workplace expert for Glassdoor.com. Workers struggling with increased workloads can take this opportunity to partner with their coworkers, become a team leader, take on more responsibility at a higher level and expand their skill set.
“This is a tremendous time to experiment in the jobs they are in,” Rueff said. “Make the most out of it.”