Because of the economy, many employees are staying with their current employer because they don't have--or don't think they have--other employment options.
As a result of this sort of economy-related fear, some employers take unfair advantage of the situation. They ask their current employees to do unreasonable amounts of more with less. What is markedly different in today's landscape from previous decades is that many employers are not only upping demands but also treating employees with disrespect.
This is a significant mistake on many levels. Why? Disrespect has an evolution process that will come back to harm the company.
- Disrespecting employees builds disengaged employees.
- Disengaged employees work against the objectives, mission, and vision of their employers.
- Disengaged employees are evangelic and will recruit other employees to become disengaged.
- Disengaged employees can become saboteurs.
Quality employees who are taken for granted, or worse-taken advantage of-will be the first to leave once other opportunities arise. Statistics from the Gallagher Corporation suggest that 62% of all current employees have expressed an intention to leave their current employer at the first viable opportunity.