How Employers Behave When They Have More Workers Than Jobs
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How Employers Behave When They Have More Workers Than Jobs
Source: Career Potential
Recently we’ve seen Kenyans lose their jobs for one reason or the other. Talk about Eveready, Cadbury and even Yahoo! where it laid off 400 of its workers in India this week.
But what if an employer does not was to result in laying off workers? Below are various eye openers employees shouldn’t be surprised to see their bosses utilize.
1. Employers will generally cut back on spending, contract in size, and squeeze efficiencies out of existing facilities and resources.
2. Employers will cut salaries and benefits of whatever job openings they still have, with the belief that they will be able to attract quality candidates for a lot less investment.
3. Employers will take longer to make hiring decisions, with the belief that they can afford to be much more selective.
4. Employers will expect candidates to provide greater value by offering more experience, skills, and accomplishments.
5. Employers will want candidates to produce stronger business results with less resources and staff, but to work at the same or even lower-level titles than they did before.
6. Employers will tend to curtail promotions, raises, bonuses, and perks, taking the position that “our employees are lucky just to have jobs here.”
7. Employers will fill the few positions that do open-up internally, because this is much less expensive than recruiting and hiring candidates from the outside.
8. Employers will expect their staff to be more flexible and to make greater sacrifices to keep their jobs, including more relocations, heavier workloads, and greater travel demands.
9. Employers will re-deploy talent by transferring employees from one division or department to another, where they can have the most impact.
10. Employers will put greater emphasis on recruiting passive candidates (those who already have jobs) as opposed to considering unemployed candidates.
11. Employers will tend to focus exclusively on survival and shareholder value, and will stop paying attention to employee morale and staff retention.
12. Employers will fill job openings only with candidates whose background and experience precisely match those required by the position.
Which of these 12 moves have you seen utilized by your boss?
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