How Companies Fall Short in Retaining IT Talent

By Dennis McCafferty  |  Posted 12-10-2015 Email

A significant number of CIOs, tech leaders and IT pros admit that their organization struggles to retain tech talent–but diverge greatly in assessing what exactly their company is doing to keep valued workers, according to a recent survey from TEKsystems. IT leaders and their teams agree that effective retention requires a mix of competitive compensation, advancement opportunities, corporate health/job stability and effective management. But their perspectives clash considerably with respect to the availability of what are called employee value proposition (EVP) programs–those which enrich workers’ lives far beyond compensation and benefits. “IT organizations have to first accept that workforce volatility is a reality,” said Jason Hayman, research manager for TEKsystems. “If they work to clearly articulate and implement an EVP that goes beyond compensation to encompass development and other factors, they can alleviate a significant portion of the pain. And if they don’t have the capability to deal with that reality, they may need to rethink their workforce planning strategy. Organizations that accept a ‘victim’s mentality’ will never progress to actually manage the situation.” More than 400 CIOs and other IT leaders and 1,500 IT pros took part in the research.

Dennis McCafferty is a freelance writer for Baseline Magazine.


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