WEBINAR
The Psychological
Impact of COVID-19
On Talent Retention
MODERATOR
Celeste Gudas
Founder & Chairman
24 Seven Talent
HOUSEKEEPING ITEMS
• We have you all muted for the presentation
• If you have questions please submit them through
the Q&A and, time allowing, we’ll answer them at
the end
• We’ll share a copy of the presentation after the
webinar as a follow up
TALENT RETENTION
JOB MARKET PULSE
September – October
̴ 2000 Respondents
53% Managers +
50% Millennials & Gen Z
31% Gen X
KEY EMPLOYEE ATTITUDE
THEMES EMERGED
Control
Consideration
Compensation
The power
dynamic has
shifted into
the job
seeker’s favor,
threatening
retention
ARE SATISFIED
WITH THEIR JOB
9 in 10 active
job seekers are
dissatisfied
6 in 10
looking to
jump ship
7 in 10 believe employees
have the upper hand in the
current hiring market
CONTROL
88% more aware that work should
83% want control over when &
fit their life and NOT the other way
around
where they work
- Only 1/3 said their employer allows
them to choose when they work
96% prefer a company that allows
them to design the employment
experience that fits their life best
92% prefer it to work fully or
94% want control over charting
74% will look for another job if
their career path at their company
their current one requires in-office
work all the time
partially remote
CONSIDERATION
8 in 10 are more discerning
about the employer/employee
social contract
4 in 10 said their employer
regularly solicits feedback about
the employee experience
5 in 10 managers said
employers respond with
meaningful changes that will
help retention
8 in 10 are loyal to their
employer, but 7 in 10 don’t
believe loyalty reciprocated
9 in 10 more likely to choose
& stay with an employer who
considers their holistic lifestyle
needs
- Only 4 in 10 said their
current employer offers such
an employee experience
COMPENSATION
1
2
3
Financial
compensation
Health benefits
package
Benefits & perks
beyond healthcare
PANEL DISCUSSION