The Annual Kleiner Perkins People Report gives founders access to the collective power of our network, leaders within and outside of our portfolio. As we continue to navigate the pandemic, successful startups are embracing unrelenting change. To ensure company success, leaders need to have a holistic approach towards attracting and retaining talent. Helping employees thrive in this new environment has become critical to building and scaling a successful team.
This year we’ve seen one of the most competitive talent markets in recent memory, with corresponding voluntary employee departure at an all time high due to new opportunities and employee burnout. Over 60 percent of employees we surveyed have changed their approach to evaluating career opportunities since the pandemic began, valuing new criteria such as employee wellness, remote first, flexible work hours, investing in employee learning & development, and more. To remain competitive, teams / companies will feel more pressure to adapt to these changing criteria.
The theme of our 2021 report reflects these shifts — the holistic approach to work. The report findings are gleaned from a series of in-depth surveys of our portfolio, as well as candid discussions with other industry leaders.