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A decade ago, human resource heads never dreamed that the employees they were axing from the rolls would one day return as hot commodities, even earning a snappy new name to go with their new status: free agents. The revenge scenario couldn't have been scripted better: The great economic boom takes off, and once-dissed working stiffs find themselves in extraordinarily short supply. Flush with offers, they begin to act like spoiled celebrities--and worker-starved employers play along. Need a new
wardrobe? We'll buy you one. Your options are underwater? Consider them repriced!
The whatever-you-want attitude may seem like a seismic shift. But many labor experts see it as a symptom of a deeper change shaking the old employer-employee paradigm. In the latter half of the 20th century, power flowed to corporations, where bodies were as replaceable as light bulbs. Today, with the transition to a knowledge-based economy and global connectivity, the power is shifting to those with
skills.
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