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From brain drain to brain gain: the impact of Covid-19 on talent management in New Zealand

This chapter investigates how the Covid-19 crisis has influenced talent management in New Zealand. Although the country has been trying for decades to end the persistent brain drain and attract talent, it has found itself facing unexpected and sudden increases to its talent pool within only a few months. We consider how brain gain appears to be placing companies in the choice position of having an abundance of highly skilled and experienced talent to choose from. We describe what has and is changing as a consequence of Covid-19, what we call a ‘domestic war for talent’ and remuneration issues. Finally, we extract lessons learned in New Zealand and how these can be useful for other countries and their companies. © The Editors and Contributing Authors Severally 2021.