The Psychological Recession

Why people don’t seem all that excited about coming to work these days??
A psychological recession means people are feeling economically and psychologically vulnerable and unprotected now and with regard to the future. Once established, this negative mindset reinforces people's view that the world is a risky place in which they have little or no control. And the media's focus on bad news makes it worse
We all know the mantra: Get profits up.
How? By cutting costs.
What's the biggest cost? Salaries, benefits, pensions, vacations, training, sick days . . . anything to do with people.
What can you do? End long-term commitments to employees, and downsize, lay off, outsource, and use temps. Wall Street rewards it, and shareholders are happy.
That's very appealing and logical in the short term. But in the longer term, not seeing employees as stakeholders and not making a commitment to them is a truly dumb strategy. It's dumb because it produces powerfully negative financial outcomes.
When people are perceived as a cost and not a resource, when they are treated as a liability and not an asset, when no one seems to know or care that they are there, they don't work well, and they don't stay.
That bears repeating:
They don't work well. And they don't stay


There are hundreds of studies that find a clear and powerful relationship between energized, enthusiastic, involved employees and positive financial outcomes. When people feel they're treated well, that they're respected and trusted and much is expected of them, they voluntarily work better and harder. The reverse is also true. Very simply, which organization will do better: the one in which employees say, "There's nothing in this for me," or the one where you hear, "This is a great place to work"?


After all its all about “Give and Take “ but in a right way.

Keep Faith
Chakoli :)

15 comments:

Nirmal said...

haha ...wat happend gal..

doesnt feel good in office I guess...

Chakoli said...

@Nirmal:))

naaah....just about all of us:))

vijay said...

hie Chaks,

is greed de root cause ??

vs

churningthewordmill said...

ppl dont like to come to wrk coz they are over worked and underpaid!:P :P :P

Chakoli said...

@vs:))

Greed.... dont think so....people usually earn quite a handsome package..the only thing they keep on saying is "maaza nahi aa raha"....:((

Chakoli said...

@Mandira...

and thats leads to not being satisfied...nad frustration:))

Phoenix said...

True, though most of these studies, premises n conculsions are US centric.

Amit 2.0 said...

Agreed..but I think another predominant factor is that most of employees are in wrong jobs.(most being in IT cos of money) but they loose the passion and enthu after an year or two because they are not passionate about coding or technology in particular.
Most of the people ..we can easily identify as..who could have done better in different fields..

SaTaN said...

U haven't got good increment this time? LOL :D

Chakoli said...

@Phonix


and do u think they are not seen in India?

Chakoli said...

@Amit

Agreed...

but somehow even for some peoiple who wanted to come into these are also not happy is what I feel:))

Chakoli said...

@Satan

Do you think increment could help?;-))

~mE said...

i love your sign off...Keep faith..i am going to copy :D

Chakoli said...

@me

sure...u cud...I didnt took a copyright fr that:PP

ruSh.Me said...

They dont make office like before any more......now a days..... :((

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