Posthaste: Is the Great Resignation back on? More workers planning to quit as pressures mount

If that wasn’t enough to contend with, the rise of generative artificial intelligence is piling on a whole new set of pressures on employees, and many don’t seem to realize what they’re up against. Most Canadian workers aren’t considering the impact ofon their jobs, and less than half are even thinking about the skills they’ll need as the technology takes hold in the next few years.

But PwC said AI will absolutely require employees to adapt and learn new skills — a difficult task if they’re worried about making ends meet. The survey said those struggling financially are less likely to seek out new skills at work or ask for feedback to improve their overall performance compared to those who aren’t worried about money.

That’s cause for concern for employers, PwC said, because CEOs are actively seeking ways to transform their businesses to succeed in the AI age. But that won’t be possible if employees are so stressed they can’t adapt to the new working environment. As a result, workers might find themselves out of a job completely as businesses are forced to shutter. Indeed, close to 40 per cent of executives think their companies may not be able to survive the next 10 years, a separate PwC survey of CEOs said.

Kathy Parker, partner and National Workforce of the Future consulting leader at PwC Canada said in a press release that executives will need to invest in workers if they want their organizations to be a going concern. Those investments include addressing employees’ feelings of overwork and stress over money so they are in the proper headspace to learn new skills, the survey said.

“We must be thoughtful in creating the right environment for employees,” Parker said. “It is crucial to offer meaningful work, ways for them to connect in meaningful ways, along with ways to build future-proof skills.”

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