Posts Tagged ‘corporate culture’

‘Recession Fatigue’ a New Ailment for Employers and Employees to Battle

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As the recession drags on, employees are struggling with a new kind of fatigue, according to a new review.  Towers Perrin’s Workplace Watch, a quarterly review of employee opinions across large global organizations, found that employees are expressing more negative views on a range of factors, from long-term career opportunities to company leadership — suggesting the stress of the prolonged recession is intensifying just at the point when the economic tide may be turning.

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Employee Negativity Grows with Recession Fatigue

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Published in Society for Human Resource Management, December 18, 2009 by Kathy Gurchiek 

The cut-to-the-bone mentality of organizations trying to weather a lingering recession has taken its toll on employees’ perception of long-term career opportunities at those companies, according to a report released Dec. 15, 2009.
The negativity stems from being worn down by the recession, the survey says. That pessimism also is prompting workers to view their leaders in a less-than-rosy light, according to findings from Towers Perrin’s Quarterly Workplace Watch. Data is from about 640,000 people working at 54 companies around the world from July-September 2009.
A key question for organizations as the economy starts to recover is whether the changes organizations made during the recession are temporary or permanent, according to the survey report.

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