A third of top talent who have survived the recession will not stay with their company over the next 12 months, according to findings in a new industry book.
The analysis comes as part of blogger and Hidden Brain Drain taskforce director Sylvia Ann Hewlett's latest book, Top Talent: Keeping Performance Up When Business is Down.
According to reports, the first part of the book reveals the results of the taskforce's two-year-long research into the struggle of managers, revealing how top talent in Corporate America have been working an average of nine more hours a week in 2009 than two years ago. According to Hewlett's research, that brings the average working week up to 82 hours.
Stress
Hewlett believes that "any semblance of flex at work is now gone." She warns that there has now been a doubling in the perception of workplace stress from two years ago, before noting that these same people have doubled their negative ways of coping. Hewlett expressed concern that more and more top talent is turning to drink to cope with levels of stress, instead of using positive coping methods such as exercise.
The author expressed her fears and findings to a gathering of human resources directors at the launch for the new book. She was also joined by Helen Wyatt, strategy leader at Unilever, who warned that businesses are also becoming too complacent in letting talented people - especially women - go, instead of fighting for them.
Wyatt warned, "55 percent of our own graduate intake are women, but with each level of advancement there is a huge drop-off, such that only 30 percent of senior managers are women." As such, Unilver has now set a target for 50 percent of managers to be women by 2012.
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