Hi everyone!  I'm Heather DeMarco at the business desk and this evening I'd like to focus in on an interesting pattern that seems to be developing across North America and that is:  We are seeing a growing trend of workers starting to be in the driver's seat.

Not too long ago we saw where workers had to dance to the tune of their employers because of economic conditions.  The marketplace was crowded with hungry workers hanging on to their jobs for dear life and employers having the luxury of picking and choosing which employees they wanted to keep and which they wanted to down size.  We had to deal with workers working overtime to keep their jobs, stressing out themselves in order to satisfy their employers, dragging themselves to classes in order to keep up with the necessary skills being demanded by their employers, and even taking pay cuts in order to help their employers stay in business.

Now, however, and thanks to red hot economies in America and Canada, employees now find themselves in the driver's seat.  What does this mean?  Let's try and put this in perspective.

First, a red hot economy means more jobs are now available and workers have the luxury of being able to pick and choose which jobs they want more freely.

Second, because of the growing number of baby boomers retiring, more and more jobs are becoming open and workers can now have greater choices.

Third, because of all of this more and more workers are choosing to job hop quite a bit more in order to gain experience and augment their bag of skills.

Fourth, employers are now finding that they have to come up with more creative ways to keep their employees.

I think that all of this can only be good for workers in the marketplace.  For so many years workers have been the under dogs when it comes to the balance of scale between employers and employees.  For at least the last 10 years employees have had to put up with having to face unexpected down sizings, loss of jobs due to economic conditions, and bad management on the part of so many companies.  Now the tide is turning and it would be interesting to see how workers manage their careers, and how companies manage their employees. 

 

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From the business desk at www.untappedwealth.com, I'm Heather DeMarco wishing you a pleasant evening.