ARE YOU THINKING OF A JOB SWITCH?
The majority opinion flipped occasionally throughout the week in a neck-and-neck race between those poll respondents who are and those who are not thinking of a job switch. The final tally came down--although only slightly--on the side of those who would not. In fact, 53% of our readers are staying put while 47% have already, in their minds at least, packed their bags. To Commentator Anthony J. LoPinto, CEO of Equinox Partners in New York City (and a weekly GlobeSt.com columnist), this comes as no surprise. Here's why:
"Whenever you have an event that creates a credit-level situation, such as what we've just experienced, there's typically a very quick response on the part of employers, who will immediately start to act with caution about hiring and expansion. This was a significant enough event and highly publicized, so that reaction is understandable.
"Well, employees read the same papers; they're aware of the same issues, and for them it becomes a bit more anecdotal unless they're very senior. Their reaction to the broad publicity is to grow a bit more skittish. So I'm not surprised that your poll indicates that people are sitting still.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
