Many may think that the economic pressures resulting from COVID-19 and the resulting retrenchments have made it easier to retain top talent who do not want to risk moving during uncertain times, but this is not necessarily the case.
According to Brian Kropp, Head of HR Research at Gartner, high-performers may look to exit if opportunities are fewer and cutbacks are made. He adds that “high-performers are typically the ones asked to take on more work and responsibilities during such times without any corresponding increase in pay”.
Companies should now, more than ever, be very clear on a retention strategy for their top talent.
