John Challenger Quotes

You are 25 percent more likely to lose a job after Labor Day [Sept. 1] than in the preceding eight months... The reasons: employers are finalizing budgets and business plans for 2004, and payroll levels are heavily impacted by both.

- John Challenger

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Percent | Lose | Labor | Sept | Preceding |

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A lot of people leave jobs because they say, 'I had no freedom. I had no say,' ... People don't want bosses who are ... just telling them what to do and not creating a strong collegial relationship with give and take. - John Challenger

I think that the social compact hammered out in the mid-20th century has been superseded by a new compact that is different and doesn't promise the potential for lifetime tenure. Workers are free agents. - John Challenger

Retailers are being forced to turn into discounters at all levels, and that early transformation to a discounting posture is putting great pressure on profits... Retailers make a good percentage of their profitability in the last two months of the year. This year those earnings are going to be under real pressure. They'll be fighting to keep costs down. - John Challenger