While turnover remains high, more employees are hesitant to take a career risk by switching jobs, experts say. Candidates are doing their homework. Job seekers are asking about a firm's financial stability and financing before agreeing to a change. Charles Sweet, chairman of Chicago-based A.T. Kearney Executive Search, says candidates are asking tougher questions. It's just now happening.
Employers can be pickier about their new hires.
Traditional firms or those with solid financial backing are drawing candidates away from those that seem less stable, experts say. That's a shift from a year ago when unproven start-ups were a strong draw. We're perceived as low risk. All of a sudden, everybody wants to be a part of us. You get the dot-com feel but the stability of a company that's been around for 50 years.