By: nikky Howard
Submitted: 2010-07-10 01:05:38 | Word Count: 397
There's some important career planning going on in medium and large companies. Corporations are finally coming around to recognize a revealing statistic: lose a middle manager and tangible losses can be 150% of that manager's annual salary!
Costs associated with recruiting, interviewing, selecting and training new middle managers add up. Not to mention the cost of decreased morale and productivity.
Middle managers make up 7-8% of any company. Because of the current rate of turnover of middle managers looking for better opportunities, the openings created have generated an employee's market. We hear reports of middle management candidates getting good job offers on the initial interview.
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Contrary to current thought, human resources departments have found that midlevel managers leave jobs for one main reason. And it's not salary. They don't leave bad companies. They leave bad bosses. Money is the least significant factor in turnover.
As a result of all this, two important phenomena are occurring. Corporations are bending over backwards to retain middle managers. And there are a lot of job opportunities if your career planning has you thinking about moving into management or upgrading your current position.
In addition, recruiters are targeting middle managers. They are collecting and offering pools of talent to meet a company's general purposes.
Besides, with more people younger than 40 entering management, a whole new set of career planning priorities is being set in motion.
For example, people involved in career planning should think of themselves as "free agents." The days of lifetime tenure are long gone. People are expecting to change jobs and even careers several times in the course of a lifetime. And they're looking for jobs with meaning.
So, if you're ready to make a move the time is ripe. The best career planning news is that you can now learn how to lock up a high-paying job in 14 days or less! The exciting, new alternative and non-traditional job search strategies that are capturing the minds of 21st Century job seekers are turning them into mid management winners in a matter of days!
Author Resource:-
Nik has been writing articles online for nearly 2 years now. Not only does this author specialize in Careers,you can also check out his latest website about:
