Workplace Slideshow: Is an IT Retirement Crisis Looming?

By Dennis McCafferty  |  Posted 02-03-2011

65 percent

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.

65 percent

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

Retirement timetable of these workers (percent respondents aged 60 or older):

10 percent

Only 10 percent of workers aged 60 or older don't think they'll ever be able to retire, according to CareerBuilder.

10 percent

One-quarter

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.

One-quarter

One-half

Just over half of state CIOs say they have difficulty recruiting new employees to fill vacant IT positions.

One-half

78 percent

More than 78 percent of state CIOs say existing salary rates and pay grade structures present a challenge in recruiting and retaining IT talent.

78 percent

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

Skills/disciplines that present the greatest IT hiring challenges (percent respondents):