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Only 25 percent of workers feel a strong attachment to their employers, and four in ten feel trapped in their jobs, according to Walker Information an Indianapolis based research firm.
Walker vice president, Marc Drizin, says employee loyalty was on the decline even before the economy stalled and that pattern is likely to continue. "I think most organizations still don't understand why you need to be good to your workers," he says.
Employers who ignore workplace discontent run the risk of periodic productivity slumps as skilled staffers depart for higher-paying positions whenever the labor market surges. Smart companies that make employees feel valued will gain a crucial competitive edge.
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