The News: Employers Think About Retention (!)
Nationwide, two out of five workers would leave their current job if the right opportunity came along. Given the current climate, that's kind of surprising, but it's worrying employers, and causing many to think about - wait for it - retention. Even businesses who've had layoffs are considering how to keep hold of their top performers, the people they're counting on to help them weather the downturn. The report, which comes from Taleo, a producer of staffing-management software, underscores why job performance is an important strategy not only for keeping your job, but for advancing, as well.
More workers this year report a willingness to stay wedded to their jobs [MarketWatch]
To that end, you should keep a diary - really, it'll help you [EconoWhiner]
And...
If you think the streets of New York seem quiet, you're not the only one [Business Insider]
North Carolina's attorney general is looking into Merrill's bonuses, too [Deal Journal]
Too many friends can hurt you on Facebook [Daily Beast]
People
Bank of America pays and promotes Merrill's Andrea Orcel to stay [Deal Journal]
Mark Connolly, Richard Ditzio replace John Longley as Citigroup's private bank chief [InvestmentNews]
Lehman's Xavier Rolet to head London Stock Exchange [The Deal]
Raymond Kennedy to head high-yield bond business at Hotchkis and Wiley
Henry Silverman becomes Apollo Management's COO [Dealbook]
Fidelity adds Anthony Ryan to asset management team [InvestmentNews]
