Nobody yet knows what the legacy of COVID-19 will be; HR and recruitment experts are increasingly concerned businesses which do survive this period will face a further crisis in the shape of talent acquisition and retention in ‘the new normal’.
Anxiety about the workforce is not new: PWC's latest Annual Global CEO Survey found that 80% of CEOs are either extremely or somewhat concerned about their organization’s ability to access skilled labor in the future.
The Covid-19 pandemic exacerbates this problem in two ways: high-quality employees are more essential than ever, as businesses prepare to recover and relaunch; and the lockdown period has given many workers a new level of clarity about their work-life dynamic.
The result could be a mass exodus of talent post-pandemic.
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