How Companies Fall Short in Retaining IT Talent
How Companies Fall Short in Retaining IT Talent
Compensation and financial benefits are reasons why IT workers sign on with certain companies, but retaining valued workers goes beyond financial incentives.
Revolving Door
More than two out of five surveyed IT leaders and pros said their organization struggles to retain tech talent, as no more than 12% of these leaders and pros expect hires to stay with their employer for more than five years.
Incentives Program: Money Talks
82% of IT leaders say that compensation plays a major role in whether tech workers stay or leave a company, and 87% of IT pros agree.
Incentives Program: Onward and Upward
60% of IT leaders say career opportunity/advancement represents a significant factor with respect to whether staffers stay or leave, and 51% of IT pros agree.
Incentives Program: Staying Power
43% of IT leaders feel that job security/company health is highly influential as to whether employees stay or leave, and 56% of IT pros agree.
Incentives Program: Best Bosses
36% of IT leaders say the quality of an immediate manager/supervisor weighs heavily as to whether employees stay or leave, and 43% of IT pros agree.
Ambiguous Efforts for Employees: Room for Improvement
78% of IT leaders say their organization offers employee education/training/development, but only 38% of IT pros say this is the case.
Ambiguous Efforts for Employees: Rigid Stance
71% of IT leaders say their company allows for flex/alternative schedules, but just 31% of IT pros say this is true.
Ambiguous Efforts for Employees: Overlooked Achievement
69% of IT leaders say their organization recognizes/rewards workers for accomplishments, but a mere 10% of IT pros say this actually happens.
Ambiguous Efforts for Employees: Welcome Committee
65% of IT leaders say their company has implemented a formal onboarding program, but only 37% of IT pros say that such a program exists.
Band-Aid Solution
About half of IT leaders and pros do not believe modular/temp project teams are the future of their business.
Lost Cause
43% of IT leaders say they don’t have the infrastructure needed to quickly assemble/disassemble teams to respond to demands.