<i>Dear Workforce</i> What’s the Impact of Dot-com Workers On Corporate America

August 8, 2001

Dear Workforce:

What impact are former dot-com employees having as they re-enter theworkforce in corporate America? What expectations do these people have as theybegin working for a big company again

- Manager, manufacturing company, Grand Rapids, Michigan.

A Dear Manufacturer in Michigan:

As former dot-com employees return to corporate America, they bring back withthem that entrepreneurial spirit that initially drove them to the dot-coms inthe first place.

Many of the larger companies who experienced the mass exit of talent duringthe dot-com heyday realized they had to adjust their culture to retain existingtalent.

Some of these adjustments included giving employees more say indecision-making, casual dress, and more employee perks.

I believe that the former dot-comers will find a less bureaucraticenvironment now in corporate America and also a new appreciation by thesecompanies towards fostering entrepreneurial spirit. Corporate America realizesthat it must adjust its culture in order to retain this returning talent.

SOURCE: Mike Sweeny, T. Williams ConsultingInc., Collegeville, Pa., April19, 2001.

LEARN MORE: See "Prepare Employees for Their NextJob and They'll Stick Around," for tips on retaining employees inhigh-turnover industries.

The information contained in this article is intended to provide usefulinformation on the topic covered, but should not be construed as legal advice ora legal opinion. Also remember that state laws may differ from the federal law.

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