Given that 20 percent of the population is "underemployed" and there is no real sign of a recovery (outside of the stock market, that is), is it any wonder, as the following reports suggest, that those who have jobs are becoming more conscientious, loyal, and willing to keep working longer than in the past?
"Recession Scares Workers into Showing Up on Time" (Memphis Business Journal)
A bad economy has a good side for managers — more employees are showing up on time.
Sixteen percent of employees admit to showing up late for work at least once a week, down from 20 percent last year. And 8 percent of employees are late twice a week, compared to 12 percent a year ago, according to a CareerBuilder report released Wednesday.
"Recession-Weary Workers Tire of Job-Hopping" (CNN)
Recession-weary workers have replaced their job-hopping ambitions with dreams of a job for life, according to a study.
The 2010 Global Workforce Study, carried out by professional services company Towers Watson, surveyed 20,000 employees in 22 countries.
It paints a picture of a workforce craving stability and job security. A third of respondents said they wanted to work for a single company for their entire career and another third said they wanted to work for no more than two to three companies.
"Survey Claims Recession Makes Workers More Loyal" (Chicago Breaking Business)
There may be nothing like a recession to make workers more devoted to their jobs, according to a new survey. Temporary-help company Kelly Services claims that 34 percent of employees said they were now more loyal to their companies, while 14 percent were less loyal. Workers in Chicago are more loyal to their employers than those in Houston or Boston: 32 percent of respondents in Chicago said they felt more loyal toward their employers, just behind Los Angeles' 34 percent. 41 percent of Chicago's respondents said they feel "totally committed" to their company.
"EBRI: Great Recession May Make Workers Work Longer" (National Underwriter Life & Health)
Many workers now say they want to work past the normal retirement age – but some of those workers may have a hard time holding on to jobs as long as they think they will.
Researchers at the Employee Benefit Research Institute, Washington, have published statistics supporting those conclusions in their 2010 Retirement Confidence Survey report, which is based on a January telephone survey by Mathew Greenwald & Associates Inc., Washington, of 251 U.S. retirees and 902 U.S. workers ages 25 and older.
About 33% of the participating workers say they plan to work past age 70, up from 31% in 2009 and 26% in 2008.
Come to Calif. and become a teacher. You can retire at 53, monthly pension of $2,600. , free medical care for life for you AND your family, 3% cost of living annual raise.
Posted by: Bob Cramer | March 19, 2010 at 07:51 PM
In NJ they are laying off a bunch of teachers
Posted by: NowWhat | March 19, 2010 at 08:22 PM
So what's wrong with a decent retirement and health care? Teachers and others who still have these formerly common benefits are going to be ridiculed until they, too, race to the bottom.
If a teacher can retire after a set number of years, not dependent on their age, so what? They gave loyal service and have earned the retirement much more than greedy CEO's and banksters who retire on millions after working for a company for a few years.
Posted by: peggy | March 19, 2010 at 10:06 PM