Interesting article in ERExchange this morning. It talks about how recruiters are judged (the answer is by results), and coming on the heels of some new stories compiled by Jason at Recruiting.com, it seems the pendulum has swung. The article sure sounds like a call to battle.
Which means candidates now think they are in control and companies will start paying more attention to their retention strategies. Businessweek certainly thinks so, as voluntary quits topped 20%.
"Companies have every reason to be concerned. Monthly voluntary turnover at U.S. companies exceeded year-ago levels for all but one month in 2004, hitting a seasonally adjusted 2.1% in November, according to U.S. Labor Dept. projections. For the 11 months from January to November, 2004, cumulative turnover was 20.4%, the first time since 2001 that voluntary quits topped 20%."
All this means more work and opportunity for recruiters. Start your engines!
