April 2021
Stone and Associates Executive Search

More than half of employees surveyed in North America plan to look for a new job in 2021, according to a new report, while separate research shows that a quarter of workers plan to quit their jobs outright once the COVID-19 pandemic subsides and recruiting efforts ramp up.

"There is absolutely pent-up turnover demand in the U.S. workforce," said Danny Nelms, president of The Work Institute, a research and consulting firm in Franklin, Tenn., focused on employee engagement and retention. "Just prior to the pandemic, you had about 3.5 million people leaving their jobs monthly, then that dropped to 1.9 million in April 2020. The projected number for December is 3.3 million, so we're already seeing a substantial return of voluntary turnover. It's only going to increase."

Nelms said that 2021 will see less labor force participation and unemployment and more job openings, which "will lead to the same supply and demand issues we had before the pandemic, putting an emphasis on recruiting and fueling voluntary turnover."

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Leadership Lessons From 2020
Let’s face it, 2020 was nothing less than interesting for most. A bit challenging and hard in many ways, especially for businesses. It has been the year for a lot of firsts as well. For instance, if you work for a business that is always used to going into the office, you may have been forced to go remote.
There are many challenges to working remotely, especially if it is not normal for you. Trying to connect, reinforce, and lead remotely is a hard thing to do. Although it’s been a year for the books, there have been some leadership lessons that have been learned through the course of 2020.

Taught Us To Not Waste Our Time

Time is a very valuable thing, and people have known that for years. But, the recent events of 2020, it has shown us even more how precious our time is.
Don’t hesitate to chase your dreams or take a chance at something. You never know when that possibility won’t be available again.

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