I couldn't resist - the fact that a company puts that kind of a statistic in their report is humorous in and of itself - the fact is, nearly all of the high-tech companies like CA, NETA, SYMC, CSCO, etc., etc., draw on a labor/knowledge/skill pool that is so dynamic that the company will rarely, if ever, retain top-end talent for any great length of time, and recruiters are popping up everywhere, cashing in on a company's inability to cope (read: manage) their HR fundamentals. The focus is on the quarter (hooray for us as investors) not how and who got them there.
So far, the pool is deep enough to keep churning employees, and loyalty isn't part of the picture anymore. Despite repeated public complaints about the lack of skilled workers and even maneuvers to let more in the country, the objective fact is that companies really do not have a shortage of available workers - if they did, they would seek to retain the one's they have and wouldn't have to publish self-agrandizing statistics about "happy workers."
As long as mergers and acquisitions continue and no one in the management cares about anything beyond this quarter's results, the pool will stay deep.
The results are resumes with dozens of jobs and sometimes posts on Yahoo flaming a company, and if this were 50 years ago, you'd hear them banding together in a union and threatening strike actions or work slow downs.
Now they're showing up here. |
