This Week's Herman Trend Alert Cyberbullying---a Growing Problem

The Herman Trend Alert July 20, 2005 Turnover Beginning: Employers Risk Lower Competence Employee turnover has begun. We’re hearing from more and more clients and researchers that the most competent people have begun to leave for new jobs. In most cases, the employers we interview tell us that they have been surprised at their departure, and their rate of departure, of their valued workers---many of them at high levels in their organizations. In spite of the warning signs, many employers still have yet to acknowledge their vulnerability. As the best employees leave, employer capacity will become more precarious. Remaining high performers will be increasingly receptive to approaches from recruiters from other companies. A major motivator for them is to work with others of equal or greater caliber. As the most competent employees leave, it will become more difficult to hire or promote comparable replacements. The growing economy will create more jobs, leading to more competition for top talent. Employers who have lost their most competent workers may have trouble attracting qualified workers. Consequently, employers with high employee turnover rates may have reduced capacity to meet the expectations of their customers. According to a survey commissioned by Video Arts, the London-based, award-winning provider of entertaining training, businesses should be most wary of their 18 to 24 year old employees, by far the most restless age group. Over a third (34 percent) plan to change their jobs in 2005. As we move through the year, this percentage is expected to grow. The survey reported that 1 in 7 (14 percent) employees analyzed stated that they are most likely to leave after a summer break, when feeling most refreshed. Over 1 in 10 (11 percent) plan to hand in their letters of resignation around autumn before the movement toward the Christmas shopping season. Our research revealed that the same companies that are experiencing turnover also have openings for new employees. Some of the people who are leaving, company officials tell us, could fill other positions within the organization. Instead of welcoming an opportunity to remain with the same employer, doing a different kind of work, the disenchanted employees are looking for opportunities in other companies. © Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc." DISCOVER WHAT’S REALLY GOING ON... in the hearts and minds of your employees. Our InnerViews interviewing service uses SPHRs and PHRs, certified human resource professionals to probe for the information you really need to know. Exit and Stay Interviews, as well as Why-Didn't-You-Take-Our-Offer Interviews. Call Rosalie Catalano at 937-416-7066, or read more at: http://www.hermangroup.com/retentionconnection/exit_interviews.html. MOM ALWAYS TAUGHT IT WAS GOOD TO SHARE You have probably subscribed to The Herman Trend Alert for a while now and you know how valuable it is to you. Why not suggest that your friends sign up at http://www.hermantrendalert.com? Join the thousands who subscribe in 87 countries around the globe. Are there particular topics you'd like to see covered? Let us know and we will research "The Future of. . .". And let us know how else we may serve you? E-mail: joyce@hermangroup.com. YOUR EMPLOYEES NEED THEIR LEADERS MORE THAN EVER Help your leaders to excel. Thousands have used our weekly Lessons in Leadership to help their supervisors and managers remember how to hold onto top talent. The 52-week subscription is only $47, a bargain when you think about the savings to your organization in reduced turnover. Quantity discounts available by emailing Carol at carol@hermangroup.com. Order today at: http://www.hermangroup.com/store/subscription_all.html#3. Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers. New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert. Subscribe or Unsubscribe to weekly Herman Trend Alert View this week's Herman Trend Alert Archived Weekly Herman Trend Alerts

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