About a third of Hong Kong workers feel adequately supported by their employers during coronavirus crisis, according to the survey. On the other hand, to alert, the majority of the professionals are not feeling for the right supports.
Now that COVID-19 is driving towards the end of the tunnel, while businesses can get back to normal, HR and recruitment experts are increasingly concerned that businesses will face a further crisis in the shape of talent acquisition and retention in โthe new normalโ.
Before the pandemic: 80% of CEOs Concerned
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 organizationโs ability to access skilled labour in the future.
It is important to realise, the Covid-19 pandemic accelerated this problem:
High-quality employees are more essential than ever, as businesses prepare to recover and relaunch
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.
Download Report: Retain your top talent
It is essential to retain your top talent. An article from Harvard Business Review even highlighted:
"Talent matters as much or even more than people think. This means that optimising talent management practices is an essential aspect of running a successful business."
Our latest 15-pages guide gathers some tips on how to avoid talent exodus post-pandemic. Download our report to discover the tips including:
Communicate effectively with your employees
Use transparency to encourage employee engagement
Adapt to changing employee needs
Provide support and authority
Foreground meaning and plan for the long-term
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Never too late: Lockdown your top talent
In order to get the business running, talent is always the key. Contact us to identify your talent gap.