Recession Left 'Walking Wounded' Workers

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Recession Left 'Walking Wounded' Workers

by Nick Zieminski


NEW YORK - Many workers around the world have given up hopes of advancing in their jobs, but the bad economy is keeping them from finding new ones.

Such "walking wounded" workers are increasingly exchanging ambition for job stability, which now even trumps pay as a consideration, according to a biennial survey by the human resources consultancy Towers Watson Co.

People are becoming "nesters," who prefer to stay in one career or with one employer for their entire career.

The report highlights a disconnect between what such "nesters" want and the growing trends that are shaping the global workforce: an increasing emphasis on flexible staff and short-term employment, more offshoring and part-time work.

"People are increasingly wanting things that are harder to get," said Max Caldwell, a leader of Towers Watson's talent and reward business. "They'd like to settle into one or two companies for life. What people want is security, stability and a long-term employment relationship, (which are) increasingly out of reach."

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http://www.commondreams.org/headline/2010/03/16-1