What’s not to love about a booming economy – unless you’re a middle manager
What’s not to love about America’s strong economy? More people are employed, wages are finally beginning to inch up for workers left behind in the past, and stock prices are rising. But for middle managers, a growing economy can bring unexpected consequences. Simply keeping a department staffed can be more challenging, let alone developing employees so that they are individually and collectively more successful. In September, Bloomberg reported that U.S. job openings rose in July to a new record. At the same time, so did the share of workers who decided to quit their jobs, hitting a level not seen since 2001. Job postings exceeded the number of unemployed individuals by 659,000. In our work with leading companies to support improved employee engagement, Stamp&Chase reminds managers