April 6, 2021
1 in 4 workers (26%) plans to look for a job at a different company once the pandemic has subsided, according to Prudential’s latest Pulse of the American Worker Survey, conducted by Morning Consult in March.
Why it matters: High-skilled workers with plenty of opportunities are the hardest to replace. This massive reshuffling also will create major headaches for employers, and will likely expand the gaps between men and women in the workplace.
By the numbers: The number of workers planning to bolt their jobs is even higher (34%) for Millennials, the largest generation in the workforce today.
Of those planning to leave their current job, 80% are concerned about career growth, and nearly 75% say the pandemic made them rethink their skill sets.
“If there’s one thing that keeps me up at night, it’s the talent flight risk,” said Prudential Vice Chair Rob Falzon.
Now that the pandemic’s economic threat is easing up, business leaders “need to get back to looking more intently at our talent and ensuring we are giving them opportunities even in a remote environment, or we’re going to lose them,” Falzon said.