http://news.google.com/url?ntc=0M3C0&q=http://www.chron.com/cs/CDA/ssistory.mpl/business/2498459April 10, 2004, 10:18PM
On your mark, get set ... employees eyeing door
By JULIE FORSTER
Knight-Ridder Tribune News
ST. PAUL, Minn. -- In his former job, Mike McGuire's workload grew with every round of layoffs. As head of service for a medical and dental benefits administrator, he took on increasing responsibility in the last few years as management layers were peeled back. The stress was getting to him. So when a headhunter called, he jumped. His former boss tried to entice him to stay with stock options and other perks. "Yeah, all of that," McGuire said.
But as the saying goes: It was too little, too late. As the job market begins to loosen, companies could find that the years of retaining their best employees with merely the promise of a job are a thing of the past. Having been socked with three years of cost cutting, salary freezes and layoffs, some survivors are polishing off their résumés and preparing to bolt.
Employees intending to leave their posts as soon as the job market opens up are at the highest level in four years, according to WorkTrends 2004, an annual survey of more than 10,000 U.S. workers. The report, by Minneapolis workplace research firm Gantz Wiley, was released in February. There is a weariness of it all from the survivors of the layoffs," said Scott Brooks, executive consultant and research director for Gantz Wiley.
To be sure, the productivity gains posted over the last few years are good for the economy. But those gains have come on the backs of professionals, many of whom are operating in a sort of shell-shocked haze while their companies extract as much as they can. The economic downturn forced McGuire, 37, to take on longer hours, more work and more stress as the company went through several rounds of layoffs. When he came to the company four years ago, he was responsible for two call centers. By the end he was in charge of call centers across the country and what had once been his boss' job -- the entire telecommunications side of the operation. He also ended up running all Web-based customer-service functions.
snip....