Number of Toxic Employees On The Rise

Curator's comment: Yes, your talent will leave if you don't deal with your toxic employees...

HR SHORT: Talent, Staffing & Toxicity
Several consultancies have recently reported on the concern executives around the world have for retaining their top talent.

Deloitte reported: “Nearly half of senior global company executives are worried about losing top talent during the recession while 30% saying they are looking to bring in more leaders. 44% of business leaders cited a decline in employee morale, rising to 60% in financial service.”

The Financial Times reported European boss’ concerns about repeating the same mistakes of past recessions by cutting too many skilled jobs, leaving them exposed when the market turned. John Griffith-Jones, head of KPMG in the UK and joint-chairman in Europe, said, ”What we did suffer from is, when the upturn came, we were desperately short of people in some areas.”

At the same time, however, leaders are faced with an increase in both the number of toxic employees and in their impact on an organization. Harvard Business Review reported:

“Among those on the receiving end of incivility in the workplace:
• 48% decreased their work effort,
• 66% said their performance declined,
• 80% lost work time worrying about the incident, and
• 78% said their commitment to the organization declined.”

No company can tolerate those kind of engagement and productivity losses at this time. So how do you deal with toxic workers? Do you have a plan?

Source link: http://www.recognizethisblog.com/index.php/2009/05/cleaning-up-toxic-employees-with-gratitude/

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