prisoners-on-the-run

Posted by Chris Herrmannsen - Group MD
people management, talent management
Posted on March 12th, 2010 at 12:31 pm

Prisoners on the run!

In 2009 Chiumento published an illuminating paper titled “Releasing performance: the new agenda for HR” which identifies the so called Corporate Prisoner as someone who stays with an organisation without being fully engaged. A survey of 1,000 employees confirmed that a third of the UK workforce will be looking to move jobs within two years of their participation of the survey and around 18% within six months. One category of the Corporate Prisoner population can be identified as Escapers who are plotting to leave their employer as soon as conditions allow it. This is apparently the case for up to 21.1% off all UK employees.  To compound that, 11.8% of UK employees see themselves as Economic Prisoners, who feel they cannot afford to leave their employers for financial reasons.

So, as the UK economy emerges from recession, it stands to reason that these two groups (or over 30% of the UK workforce) are about to become prisoners on the run.  Other types of Corporate Prisoners may remain incarcerated, but as more jobs are created and competitive forces drive financial rewards up, the improving economy is in effect handing them the keys to the prison.

The question is: What have you done about your resourcing strategy and broader talent management agenda to ensure you have reduced the number of Corporate Prisoners within your organisation?

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