How do we think the COVID-19 crisis will affect our careers (if any remain)?
Baert, Stijn ; Lippens, Louis ; Moens, Eline ; Sterkens, Philippe ; Weytjens, Johannes
Institute of Labor Economics, Bonn
IZA - Bonn
2020
29 p.
career development ; employment ; labour market analysis ; epidemic disease
Discussion Paper
13164
Personnel management
English
Bibliogr.
This study is the first in the world to investigate the expected impact of the COVID-19 crisis on career outcomes and career aspirations. To this end, high-quality survey research with a relevant panel of Belgian employees was conducted. About 21% of them fear losing their jobs due to the crisis—14% are concerned that they will even lose their jobs in the near future. In addition, 26% expect to miss out on promotions that they would have received had the COVID-19 crisis not occurred. This fear of a negative impact is higher in vulnerable groups, such migrants. In addition, we observe that many panel members believe they will look at the labour market differently and will have different work-related priorities in the future. In this respect, more than half of the panel members indicate that they have attached more importance to working conditions and work-life balance since the COVID-19 crisis."
Digital
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.