Workplace Slideshow: Is an IT Retirement Crisis Looming?By Dennis McCafferty | Posted 02-03-2011
65 percent of overall (including IT) workers aged 60 or older polled by CareerBuilder say they're putting off retirement because they can't afford it; 72 percent said so last year.
Retirement timetable of these workers (percent respondents aged 60 or older):
Within next two years (28 percent)Three to four years (27 percent)Five to six years (18 percent)Seven or more years (16 percent)Source: CareerBuilder
Only 10 percent of workers aged 60 or older don't think they'll ever be able to retire, according to CareerBuilder.
Nearly one-quarter of state CIOs polled by NASCIO predict that 21 percent to 30 percent of state IT employees will be eligible for retirement within the next five years.
Just over half of state CIOs say they have difficulty recruiting new employees to fill vacant IT positions.
More than 78 percent of state CIOs say existing salary rates and pay grade structures present a challenge in recruiting and retaining IT talent.
Skills/disciplines that present the greatest IT hiring challenges (percent respondents):
Security (52.4 percent)Project management (50 percent)App/mobile app development and support (47.6 percent)Architecture (47.6 percent)Analysis and design (42.9 percent)Source: NASCIO