Because full-time employees spend the majority of their waking hours at work, the connections they make are integral to their personal satisfaction as well as the quality of their work.  With around one half of employees disappointed by their work relationships, it’s just a hop, skip and a jump to lower productivity and retention issues.  In a 2009 Workplace Insights Survey conducted by Adecco, it was reported that 54% of employed Americans are likely to look for new jobs once the economy turns around. 

Much of the desire to leave current positions stems from economic factors.  Words such as “layoff” and “furlough” have become commonplace in many organizations.  With companies trying to stay afloat during financially difficult times, employees are often left to feel undervalued and question the security of their positions.  Add on top of that shaky connections with colleagues, and the desire to move on increases. 

Given such strong projections for employee turnover, organizations should take steps now to ensure they maintain a strong, productive workforce.  It’s important to balance what’s best for the organization with what’s best for its employees.  A strong leader can set the tone by encouraging a positive company culture that supports collaboration.  This type of environment fosters healthy connections between colleagues which in turn will support the overall goals of the organization. 

Simply maintaining the pre-recessionary quality of leadership will also help retain a strong workforce.  There’s no question that companies are affected by the economy and have to make tough decisions; however, they must keep in mind that a company’s most valuable asset is its employees.  Honesty and understanding is crucial.  Whether this means providing outplacement services to separated employees or cutting out superfluous programs and expenses to retain as many employees as possible, every little bit helps.