Jumping Ship: As recession ends, out-of-touch employers run risk of losing talent
By Austin Light CHARLOTTE — According to a survey of 700 companies and 5,000 workers released last week, a chilly disconnect between employers and employees could lead to a mass exodus of talent as the recession ends if employers aren’t careful. The study was conducted in May and June by on-line job search engine Monster.com and the Human Capital Institute, a think tank and research organization that studies human resources. According to the study, which was designed to examine the effects of the recession, employers are significantly overestimating just how content workers are these days. While 84 percent of employers believe workers are happy to “just have a job” in a down economy, 57 percent of employees feel otherwise. The study also found that 57 percent of workers believe employers are exploiting the recession to drive longer hours and lower pay. Denise Dwight Smith, who directs the career center at UNC Charlotte, said such figures can be expected given the current state of the economy. “It’s a trend, actually. In times of recession there is a disconnect … and then afterwards a mass movement,” she said. “That doesn’t mean employers shouldn’t be concerned.” According to the study, employers are concerned, at least a little. About 36 percent of employers said they were more worried about losing top talent than they were just 18 months ago.