Here's an interesting theory and research undertaking being conducted by our friend and colleague, and today's guest author Lou Adler. Read on. I encourage you to take the two minutes to complete the survey -- I did!
As part of an ERE article coming out on August 7, 2009, I’m testing the idea of using job satisfaction to predict “employment churn” and the hiring recovery.
The idea here is that before there’s a general pickup in overall hiring, fully employed people will start switching seats with other currently employed people. This is referred to as employee churn. The downturn has reduced the level of normal employee turnover, creating pent-up for new jobs. This will cause a significant increase in voluntary turnover, once there’s even a glimmer of new opportunities becoming available.
So while the total employment picture won’t improve, corporate recruiting departments will become extremely busy filling these now open positions. This has happened in every previous recovery, so it’s important to get ready for this.
To gain a sense of when this spike in turnover will occur, I’ve created a super-short job satisfaction survey. Here’s the link to this unusual Employment Satisfaction Survey. After you complete the survey, send the link to your Twitter followers and everyone in your LinkedIn network. This way the survey will have enough respondents to be a valid indictor of this pent-up demand for new jobs. The results will be posted on The Recruiter’s Wall blog. If you start tracking the results now, you’ll have a 30-60 day headstart on when you need to accelerate your recruiting efforts.
As part of getting ready for this uptick, we’re hosting a TalentSeekr webinar on August 13th.
This could possibly be the best new sourcing tool on the planet. According to early reports it’s an advanced version of a talent hub with dynamic Web 2.0 social media spokes. The dynamic feature comes about as the spokes automatically updates themselves based on which sourcing channel provides the best results. This is one webinar you won’t want to miss. It promises to be your first glimpse at Web 3.0 using every social media tool around. Better: it might solve your employee churn problem before it ever occurs.
About Alise Cortez: my day job is VP of Marketing & Sales at Improved Experience, where our mission is to capture the voice of experience one job search at a time for employees and empower employers with the metrics of engagement and retention.
Technorati tags: employment churn, Lou Adler, recruiting, hiring.
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