Has the Downturn Impacted Turnover at YourFirm?
It seems a good amount of firms may not be feeling thepinch of an economic slowdown as bad as others. Many respondents tolast week's Quick Poll replied "Not at all" (42%)—that' a solidamount to be sure. However, a number of respondents say their firmsare feeling some hurt—35% chose "Tremendously" as an answer—while24% picked "Looking for a Job. Don't Bug Me." Shannon Hondl, seniorvice president of acquisitions and development for Irvine, CA-basedBirtcher Development & Investments, said his company has so farweathered the economic doldrums, but he attributes that to a sortof jack-of-all-trades philosophy practiced by Birtcher.
We don't over hire. Employees tend to come here and stay here. Istarted my career in real estate with this firm. We just don'tbring in a lot of people, even when things are going strong. Here,it's like once you're in, your in.
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