My friends at supply chain specialty recruiting firm TopGrading Solutions, recently alerted me to some forewarning results concerning their latest survey of how well employees feel they have been treated by their companies. The data indicates an alarming trend that reflects that many months of cutbacks, and making the most with very lean headcount is now taking a toll on existing professionals.
Disturbingly, 44% of the surveyed respondents indicated they are contemplating a job change once the recession is over. Only 22% of those surveyed validated that they feel they have been treated well by their current employers. Further, Jason Breault, sponsor of this study indicates that screening the data for those currently employed, 67% indicate they will be scoping the job market for new opportunities. Those employed at smaller companies seem to be happiest, as opposed to those at mid to large firms.
The press announcement outlining the study indicates the following: “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.”
I suspect that Supply Chain Matters readers will have varying reactions concerning the results of this survey. While some may indicate that those employed are indeed lucky to be garnering a paycheck, and that this is merely griping. Others may conclude that they tend to agree with the results. Realities are what they are, and with the current recession being forecasted to not end soon, at least in the U.S., there are no other jobs in which to jump. Still others may question why a search firm is publishing such a study in the wake of this economy.
I would tend to look at this as a wake-up call.
These past months have presented considerable challenges for supply chain professionals in many industry settings. Cutting costs and investments, protecting loyal customers with extraordinary service, and being asked to work longer and longer hours have surely not been easy for the survivors.
May I suggest that all that read this posting take pause, and acknowledge your supply chain team of professionals. Take the time now to share some praise and positive reinforcement with your teams. Finance folks need to understand that taking a valued employee to lunch, dinner, or a ball game is a rather critical business need right now. I would mention “hugging” but that seems to be out of favor in the new workplace.
“Thank you!” always goes a long way.