The Great COVID Churn

Published: Dec. 8, 2020, 10 a.m.

b'This week, Paul Downs, William Vanderbloemen, and Laura Zander talk about William\\u2019s prediction that 2021 will be a year of employee turnover. His theory, which he says he\\u2019s already seeing evidence for, is that pent-up forces that were blocked by the pandemic this year will be unleashed in 2021\\u2014especially as vaccines arrive and the economy improves. His advice: Make sure your best people feel appreciated. Or, as he puts it: \\u201cBetter to keep a good employee\\u2014even if it costs you more than you think it should\\u2014than to have to call me.\\u201d Plus: we establish that no one knows how to manage their PPP loan tax liability, and we discuss whether, when the time comes, businesses should require employees to get vaccinated.'